Good article and I'm sure it's all correct. But despite mentioning loads of reasons for the downturn, it fails to mention high prices due to inflation. Most of the businesses being hurt depend on discretionary spending. "Let's spend the weekend in The City." Nope. "Let's go for a drink. Let's go dancing. Let's go shopping." Naw, let's not. People are spending only what they have to spend in order to function.

https://apnews.com/article/san-francisco-downtown-retail-exodus-6c956f6f219a25aafd292f567a45a302

#SanFrancisco #downturn #inflation #spending

Diversify or die: San Francisco’s downtown is a wake-up call for other cities

After a three-year exile driven by the pandemic, San Francisco’s downtown has waited for the crowds, the commuters and electric ambience to return.