San Francisco: If tech doesn’t come back, what’s going to happen to the city?

The creator of this video, Jermaine Ellis, is a very insightful young man who clearly has done a lot of thinking about the longterm repercussions of the oppressive lockdown of San Francisco.

Mr. Ellis sure seems to understand more about basic economics than the nitwits ruining running the city and the state.

27 Replies to “San Francisco: If tech doesn’t come back, what’s going to happen to the city?”

  1. Does he habitually vote Democrat? Ignore what a person says, watch what they do.

  2. Detroit took years to become Detroit.

    People especially close to the problem don’t realize there is a problem. Construction in Frisco is still booming. House construction in 2008 was still booming like it was in 2005-2007 even as the mortgage market was crashing. One day the bankers will wake up and realize that none of these projects are going to earn out, and slam the cash drawer shut.

    Remember all those millionaire house flippers? How many ended up bankrupt?

    It will happen in a matter of weeks, and spread to every metropolitan area, and then to all the small cities and towns. Rural areas will suffer just as much, because truthfully , Bankers ain’t that bright. They will overreact, and refuse all but the most safe and assured loans. Just like 2008-2010.

    Now is the time to put your financial house in order, with low interest, low payment long term loans, and holding a lot of cash.

    There will be opportunities. The smart rich will get richer. The poor and middle class will get screwed (again).

    1. Bankers are much smarter than you think. That’s why they rule the world.

      They will not lose a red cent. They’ll be bailed out, as they always are.

      It will be you and yours who will be dragged out of your home by armed thugs, so your mortgage lender’s brother-in-law in Shanghai can snap up real estate in Chinada Province for pennies on the dollar.

  3. Detroit’s population peaked in 1950. At that point, the sons of Michigan farmers and the central and eastern European immigrants who had built Motor City began to flee the invasion of southern blacks, recruited by Detroit employers who thought it morally wrong to pay “white trash” or “Polacks” what a union member’s time and skills were worth.

    Detroit’s government finally fell into the hands of the blacks in 1974. Long before this, Detroit’s elite had fled to wealthy suburbs where the police were paid handsomely to let the blacks know their place—in Motown, thrusting Democrats into office.

    Meanwhile, the factory jobs had begun to leave, bound for Japan, Mexico, and, irony or ironies, the southern US.

    It would take another 40 years for Detroit to finally run out of other people’s money, forcing a Republican-controlled state government to clean up the financial mess.

    That’s more or less what will happen to Frisco. The tech jobs will leave for Texas, the elites for Singapore and Shanghai, the remaining working-class whites for Arizona and Nevada. Only the low-IQ drudges formerly employed emptying trash cans will remain for want of anywhere to go.

    Frisco, to be sure, may not have to wait quite as long as Detroit for someone with sense to flay it into shape. A future Chinese occupation government will not hesitate to drive the undesirables off to re-education camps in the American desert and open the San Francisco Bay area of California Province to Han settlement.

    1. The Pre Civil War whites in the south had it right.. A small cotton town in the south with 30 white store owners/slave owners and 100 slaves ,knew that with black freedom came black voters. Math says black voters run the town!.. Kathy Shaidle also said it right. “They shoulda picked their own damn cotton.”

      1. You might want to look up what Thomas Sowell has to say on the matter. The freed blacks living in the north for generations hated the former slaves coming to their communities because they were all tarred with the same brush. There weren’t enough in the middle class and working poor to make up for the influx of no-work-ethic “immigrants”.

        It’s culture, not colour, that makes the difference.

    1. The apartment shown is very “European” aka as “small”. He is right in that most people used to live their lives on the streets, especially in France and Italy as the weather is so much kinder in the winter.

  4. San Francisco really isn’t worth the price. Even the valley is extremely lame. It’s basically Victoria weather (slightly better) at 4 times the price. For years I’ve been able to make close to silicon valley wages here in Canada via remote work. I’m sure that’ll be more and more common.

  5. San Franshitshow is well on its way to circling the bowl ala Detoilet, Chicongo, sPittsburg, and all the other Democrap infested local governances- Baltimore, Philadelphia, St. Louis, Seattle, Minneapolis, etc., etc., etc.

    Question is, do we commiserate in their pitiful circumstance, or respond ‘you bought it, you got it!’ ?

    God has some sorting out to do, and I expect in the next few weeks we’ll see the gauge of mesh in His ‘sluice box’.

    Hey, I thought a metaphor might be apropos….. Sheesh!

  6. …answer a question that a lot of people have axed. A lot of people have axed this question…

    That was the point when I stopped watching/listening. We don’t speak the same language, and I don’t care to learn “ebonics”.

    1. Yeah, I found that a little off-putting, but to be honest, that was really the only ‘ebonics’ moment in the whole 15 minutes. Other than that, his grammar and pronunciation were better than mine (white guy from the southern US).

  7. To the young guy, “Tough Titty Said The Shitty Kitty, But The Milk’s All Gone”
    Go pick bottles or get a job as farm equipment

  8. It’s actually a rather good amateur documentary. He has a sense that San Francisco may be disappearing, and he appears to have a good understanding of how the business heart of the city has been drained out of it and may not come back.

  9. What I find amusing by the SF Bay Area is that all the leftists who live here have always denied reality. And by reality, I mean – human nature. And capitalism … which IS human nature.

    They mock Suburbia and suburbanites … yet they are now all fleeing into Suburbia to escape the multi-culti defunded police and Soros-Puppet DA’s of the urban wastelands. They finally woke up to the nature of humans given free reign to commit crimes. Steal things under $1k in value? No problema… just walk out with it.

    They also used to mock and revile “Corporations” and all the “corporate” Financial District workers who drove or BARTed into the City from Suburbia. The Board of Stupervisors even accommodated “Critical Massholes” who blocked traffic every Friday night commute time with their bicycles. Then “the locals” of SF hurled feces and bags of urine at the Google busses that ferried tech workers from the city to Silicon Valley.

    The SF leftists believe they are “better” than BIG Corporations and their employees. But they DENY the REALITY that BIG Corporations and their employees BUILT San Francisco … and continue to FUND San Francisco. They DENY the REALITY that the city would FAIL without all those people and things they HATE. They DENY the REALITY that Capitalism and money built San Francisco from day one. “Artists” never built a damn thing. Hippies and Free Lovers never built a damn thing.

  10. This strikes me as just the kind of (presumably) liberal who is in the process of ‘getting mugged by reality’ – or at least paying attention to other people being ‘mugged by reality.’ It doesn’t take a genius or a college education to figure out the basics of how the world works. Conservatives need to seriously appeal to exactly this kind of fellow if they/we want a future that partakes of sanity.
    “Artists don’t make money” – indeed!

  11. ” … a very insightful young man …”

    Hey!

    There’s no place for that in this day and age!

  12. I couldn’t get passed what the hell he was riding on. Some kind of electric vehicle. Very distracting.

  13. Starting in 2020, corporations with their headquarters in California had to have a minimum number of women on their boards of directors, depending on the total number of members. Starting this year, there is another law that requires those corporations to hire “directors from underrepresented communities” (phrase from USA Today) on their boards. My prediction is that at least ten corporations currently headquartered in San Francisco (which is its own county), San Mateo county (immediately south of San Francisco, and the former home of Oracle), and Santa Clara county (Silicon Valley as originally understood) and with $1 billion or more in revenues will move their headquarters from California. I say this as somebody who lived, attended graduate school, worked, and was unemployed in Silicon Valley for thirty-four years (the total time was thirty-four years, not the unemployment).

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