Manage episode 521299985 series 2792715
San Francisco's finest hotels just sold for 75% off their 2016 value – and the mayor is calling it a "resurgence." That's like celebrating your house burning down because at least someone will buy the ashes. We're diving into how decades of progressive policies turned prime real estate into fire sale territory, where stepping in human waste is apparently part of the downtown experience. From the infamous "poop map" to convention centers fleeing faster than tourists, this isn't just about two hotels – it's about what happens when ideology meets reality on the balance sheet. Sure, Mayor Lurie is cleaning things up, but can you really call it a comeback when your flagship properties are selling at garage sale prices? Is this the bottom, or just another stop on the way down? Meanwhile, cities like Dallas and Miami are laughing all the way to the bank as they scoop up San Francisco's lost conventions. Subscribe if you want the real story behind these "bargain" deals that taxpayers are ultimately paying for.
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