The San Francisco Chronicle’s editorial board issued a warning this week that office workers staying home to work rather than commuting to the city will spark a “doom loop” that will erode its tax base.
“Experts say post-pandemic woes stemming from office workers staying home instead of commuting into the city could send San Francisco into a ‘doom loop’ that would gut its tax base, decimate fare-reliant regional transit systems like BART and trap it in an economic death spiral,” the paper’s editorial board wrote, specifically referring to downtown San Francisco.
