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SF Payroll Tax Needs to Go

April 23, 2012

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san-francisco

Check out my op-ed in this morning’s Chronicle: As an employer in San Francisco, I understand and respect the need to pay my share for city services. But when a love letter from City Hall reminded me of our annual payroll tax obligation, it didn’t just hurt my pocketbook; it offended my sense of rationality. [...]

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35% Above Asking? The Seller’s Market is Officially Here

April 18, 2012

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86 Wool

It’s beginning to feel a lot like “the good old days,” where real estate is once cocktail party subject de jour. Oh San Francisco, you do love blowing bubbles. Case in point: 86 Wool St., an 1,100 square foot Marina-style home in Bernal Heights, just sold for $202,000 above list. Wow. A block north of [...]

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SoMa vs. Nob Hill: Where would you buy?

April 13, 2012

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soma v nob hill

By Andrew Jeffery I had an interesting conversation this morning about relative performance in different San Francisco neighborhoods during and after the housing bubble burst. Conventional wisdom would lead one to believe that SoMa, the fringier and “overdeveloped” part of San Francisco would have performed better than Nob Hill, which is much more established as [...]

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Inner Mission vs. San Francisco: Condo Trends

April 3, 2012

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Mission v SF

The Inner Mission is one of the most up and coming neighborhoods in San Francisco. Over the past 10 years, a more affluent demographic has moved to the area, as employees at companies like Facebook, Google, Twitter, Salesforce.com and Apple have flocked to this haven for culture, cuisine and nightlife. As a result, condominium development [...]

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Another Example of Shadow Inventory: 22,000 More Units Coming to San Francisco

March 23, 2012

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With rents sky-high, San Franciscans can cross their fingers that the construction of 22,000 more apartments and homes might bring some much-needed relief. The San Francisco Chronicle reports: After hibernating for years, apartment construction is poised to boom in San Francisco, where desperate renters say those high-rises can’t rise high or fast enough. Largely in [...]

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