gradys 1 week ago

IPOs pushing up housing prices

New Waymo car models rolling out

The laser thing in front of city hall

Pride month, parades this weekend

Antisocial guy harassing Scott Weiner on social media at Dolores Park

Lurie administration, after initially making progress on crime and cleaning up the streets seems to be stalling out

Supervisor Jackie Fielder back from long mostly unexplained absence that was maybe due to her illegally leaking confidential information

  • appplication 1 week ago

    Interestingly I have found many tech circles in SF would rarely discuss ultra local things like supervisor politics. I don’t even think it’s taboo, I just have found folks tend to not be super informed on any of it. Lurie does seem to capture plenty of political mindshare though.

    • davidw 1 week ago

      That area still has some 'gold rush' mentality to it, where people want to get in, make their money and get out. That doesn't foster much of a long-term attitude that pays attention to local politics. Also some of the local politics are totally psychotic, like the guy harassing Scott Wiener.

  • tapoxi 1 week ago

    As an occasional visitor, the city seems a lot cleaner and safer this year (I went last month) than the last times I visited in 2024 and 2019.

kaycebasques 1 week ago

Muni is not doing well. They've adjusted service to address a huge budget deficit, and the buses are noticeably more crowded and less frequent.

Given how SF has a big global immigrant population, there's a lot of World Cup spirit in the air. Also because Santa Clara is a host stadium.

Housing demand is back up. Not just single family homes but also condos.

Bars are supposedly closing because the 20-somethings are drinking less. Yet at the same time apparently the youngins have discovered the charm of Vesuvio...? Anchor still has not reopened. Woods (IMO) is now the preferred beer spot for locals.

The recall of the Sunset supe was a big deal. Fight over cars on the Great Highway is ongoing.

Pride is in full swing this weekend. Bay To Breakers was great as always. Weather is decent. The "SF doom spiral" story is being discussed less. I.e. SF seems safer. It's a good time to live in SF.

  • quatonion 1 week ago

    > Housing demand is back up. Not just single family homes but also condos.

    Hmmm, the median house price is $2.1M.

    > It's a good time to live in SF.

    It seems pretty K shaped.

    Great time to live in SF and Bay Area iff you are an AI researcher, founder, VC, executive at one of the hyper-scalers, or a senior engineer with massive equity package in the few winning companies.

    Not entirely sure if it's a great time to live in SF if you work at a bakery, are a Barista at Starbucks or even a mid tier SWE.

    Thoughts?

    • dlcarrier 1 week ago

      The San Francisco Bay area has only been affordable for the rich for decades; it's nothing new.

      Fifteen years ago, I worked with someone who bought a $300,000 house, in his hometown ~150 miles away, and a $150,000 airplane, to commute to his job near the San Carlos airport, because it was much, much cheaper than living in the SF Bay area.

lemonademan 1 week ago

I believe the World Cup is a hot topic right now.

cpa 1 week ago

Something something AI

khurs 1 week ago

California Billionaire Tax - November 2026 ballot. One off 5%.

Sergey Brin leading the fight against it, donating millions to try to kill it.

  • chabes 1 week ago

    So ridiculous that folks will spend millions personally to avoid paying their fair share in taxes.

    Is the alternative really that bad Sergey? You would be paying a similar amount, and the money would actually go to some use, as opposed to being blown on a political fight.

    • bflesch 1 week ago

      It sets dangerous precedent

      Edit: guys, it was a joke! /s

      • trescenzi 1 week ago

        Dangerous to whom exactly?

        • rcpt 1 week ago

          Anyone who's not able to populism their way into a cash blast for their org.

          I am not a billionaire. But I don't want to risk losing my job or moving out of state so that the dialysis people can cash a paycheck.

          • Avicebron 1 week ago

            Dialysis people is really interesting phrasing. Care to elaborate what you mean?

            • rcpt 1 week ago

              https://calmatters.org/health/2020/10/california-healthcare-...

              SEIU UHW has a history of bringing economically explosive populist slop to the ballot as a negotiating tactic. Usually it's in the form of something about dialysis clinics but this time they're trying a different angle.

              What about that were you specifically "interested" in?

              • Avicebron 1 week ago

                > Dialysis companies say the costly requirement would force them to close some clinics, and have so far poured $105 million into fighting the measure, arguing it amounts to a hardball move by the union to drain industry finances until clinics agree to allow their workers to unionize.

                Seems like the $105 millions could have been used for something more useful, like a few doctors salaries or specialized PAs at the clinics. It sounds like you consider "economically explosive populist slop" is anything that helps poor people. Which you know, I expected, but I'm glad you were able to explain yourself. In the future you can just say "let them eat cake".

                • rcpt 1 week ago

                  Examples of SEIU ballot box warfare

                  + Proposition 8 (2018)

                  + Proposition 23 (2020)

                  + Proposition 29 (2022)

                  Probably their best example is "Healthcare Worker Minimum Wage Drive (SB 525)". They created a bunch of populist local initiatives about minimum that would have been a logistical nightmare for hospitals. In exchange for pulling their measures they got SB 525 passed as a truce.

                  I hate these tactics. California direct democracy is awful yes, but the way this group weaponizes it is downright disgusting.

                  > It sounds like you consider "economically explosive populist slop" is anything that helps poor people.

                  But honestly it sounds like you're just flat out not interested. You are the perfect target for their bullshit and I'm sure they couldn't be happier about whatever is in your head

          • robocat 1 week ago

            Apparently the leading cause of needing dialysis is diabetic nephropathy. Who gets the blame for diabetes these days? Are they taxing the bastards that push sugar?? Does anyone get a tax rebate if they choose to eat well and exercise regularly to avoid diabetes?

            On topic: if voters shift to a scarcity mindset (shifting higher on the Belief in a Zero-Sum Game BZSG scale), California's growth might become as economically dynamic as Bulgaria or Romania.

        • xhkkffbf 1 week ago

          People who want to use the current system to innovate and create jobs. The current system of venture capital often produces these situations when people have a huge amount paper "wealth". But this wealth is all pretty hypothetical. It's not like some of the "billionaires" can buy 1 billion things from the McDonald's Dollar Menu. It's all tied up in stock that can't be sold for a variety of reasons. Moreover, it's quite likely that the "billionaire" will end up with far less than $1b when he/she retires, even if everything is wildly successful.

          Yet that big number encourages greedheads to try to tax something that doesn't really exist.

          • the_gastropod 1 week ago

            The “greedheads” are the ones wanting people to pay their fair share of taxes, and not the people who’ve hoarded billions in wealth, and are using some of that wealth to fight to continue tax avoidance?

      • enraged_camel 1 week ago

        Ah yes, the dangerous precedent of... doing something about obscene and extreme wealth inequality.

    • zeroonetwothree 1 week ago

      Whenever someone uses the word “fair” about taxes it always seems to mean that they shouldn’t pay more but others should.

      There also some good economic reasons that a “wealth tax” is a bad option compared to other types of taxes.

      • chabes 1 week ago

        Fair means even playing field. These dudes are used to a system that they can cheat.

        I pay taxes. These people spend copious amounts to avoid paying.

        There is an economic threshold of money spent vs money not taxed. They spend within that threshold, but the money helps only them.

      • bronson 1 week ago

        If they paid the 35% that I pay, then it would be fair.

        It sounds like you think billionaires should pay close to 0%?

      • the_gastropod 1 week ago

        Mind sharing these good economic reasons?

      • cjkaminski 1 week ago

        Whenever someone uses the word "fair" about taxes, I assume they mean we should reverse course on the decades-long pattern of reducing the tax burden on companies and the wealthiest individuals here in America.

        Fair taxation isn't a punishment. Paying taxes is what responsible citizens do. It's an act of patriotism and pride.

        • sbayg 1 week ago

          > patriotism and pride

          You realize nationalism is the source of all evil in the world, right? Is Brin even a citizen?

      • tim-tday 1 week ago

        Capital gains (rich people) is taxed at 10%. Wages (everyone but rich people) are taxed more like 30%.

        It is objectively true that rich people don’t pay their fair share. Seeing them fight tooth and nail to maintain the unfair status quo is a bad look.

    • dribbiy8 1 week ago

      fair_share = fair_share + 1

    • ivewonyoung 1 week ago

      > You would be paying a similar amount, and the money would actually go to some use, as opposed to being blown on a political fight.

      What? No. You're off by more than 3 magnitudes. He spent about 45 million, his potential tax liability under the new law is $60 billion.

  • ivewonyoung 1 week ago

    It's not just 5%. It's dependent on the controlling shares, so it's close to 25% of Sergey Brin's wealth, so almost 60 billion dollars.

    • khurs 1 week ago

      Looked it up and says it applies to Private companies only, so not Google. i.e. to stop those deliberately undervaluing.

      And in addition there is a provision allowing people to appeal if they can show that a valuation is overstated.

      • ivewonyoung 1 week ago

        > Looked it up and says it applies to Private companies only, so not Google. i.e. to stop those deliberately undervaluing.

        That's not true. Private companies have a different valuation method, but public companies like Google are absolutely included.

        • khurs 1 week ago

          link to source? As think you are mistaken

          • nianderwallace 6 days ago

            from https://taxfoundation.org/research/all/state/california-weal...

              Under the initiative, “For any interests that confer voting or other direct control rights, the percentage of the business entity owned by the taxpayer shall be presumed to be not less than the taxpayer’s percentage of the overall voting or other direct control rights.”
            
              ...Together, for instance, Larry Page and Sergey Brin own about 11.3 percent of Alphabet (Google) but control 52.3 percent of voting rights. Similarly, Mark Zuckerberg owns about 13.6 percent of Meta but has 61.0 percent voting control.
66yatman 1 week ago

Probably data centers in space

asadm 1 week ago

Robotics Physical AI.

randomname4325 1 week ago

Same as in every other bubble: Housing is insanely expensive, Dating sucks, That friend that just got rich, So and so company just got funded, This event coming up, When's the bubble going to burst

KerrAvon 1 week ago

Aside from sportsball, AI and deranged [tb]illionaire behavior is basically it.

edit: autocorrect

  • Jcowell 1 week ago

    Curious to hear more about the deranged behaviors

    • tim-tday 1 week ago

      Zuck thrashing: spending billions on the metaverse. Admitting it failed, spending billions more. Firing a bunch of people. Spending insane amounts to hire sexy name ai people. Instituting total surveillance to train ai to replace people. Then giving that AI away for free online with no real explanation. (I guess the order of those two things should be reversed, but they don’t make any more sense in that order either)

      Elon (do we even need to do this one?) the horse thing should be enough.

      Ellison’s quest to defeat death, young blood transfusions and weirder shit.

      Brin fighting tooth and nail against paying taxes (I guess it’s not deranged for one’s wealth and power to activate to protect itself, it just makes him look like a petulant child)