Major cities like NYC, LA, Boston, SF/SJ, and San Diego have collectively shrunk by over 2% since 2019, with a total population lower than in 2014. San Francisco's high expenses and budget surpass many larger cities. The city's per capita spending has surged by 24% in the last 5 years, leading to concerns about inefficiencies in urban governance.
SF spend per capita has risen an eye-popping 24% over the past 5 years. SF Budget cycle is starting. If you would like facts & info to meaningfully participate and speak up, attend the SOAR budget deep dive tonight, 6:30pm, registration required: https://t.co/RRHmQ9fuj2
โAnd then finally you just have greater cost bloat and inefficiencies in urban governments in general, which face fewer competitive pressures relative to their suburban counterparts.โ via @arpitrage https://t.co/WdgoyBnK8R
Did you know that compared to the 10 largest cities in US, cities with 5 - 10x SF's population (SF not on that list, SF is 17th most populous), SF's budget is larger than ALL but Chicago & NYC? https://t.co/N4ciV7rfGM
SF is so expensive lol https://t.co/fhkLX13SJI
One benefit of having such ridiculous problems is that it clarifies the issue. For instance, our most expensive cities (NYC, LA, Boston, SF/SJ, San Diego) have collectively shrunk by more than 2% since 2019 and have a total population lower than in 2014. 1/ https://t.co/0bxVrbdHTS