SF
Stifel Financial Corporation
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Reddit Posts
On what time scale will Waymo's success affect Alphabet's earnings
07 comments by Janet Yellen as president of SF Fed right before the financial crash. Does this sound familiar?
American Battery Materials Acquires Substantial Mining Claims to Increase Domestic Production of Lithium
Bright Mountain Media, Inc’s Wholly Owned Subsidiary, Wild Sky Media, Announces Deal With Taboola.Com Ltd. (TBLA) A Global Leader In Powering Recommendations For The Open Web
SF Fed baseline forecast suggests that yoy shelter inflation will continue to slow through late 2024 and may even turn negative.
The Global Tin Market Supports Positive Price Outlook
The Global Tin Market Supports Positive Price Outlook
Let’s go Ccl to 35$ help me afford an SF tent
Paramount Group REIT (PGRE) Thoughts??? Work from home and high-interest rates effects
Best vehicle for shorting SF commercial real-estate?
SF police have arrested a fellow technology executive and associate of Bob Lee in connection with the April 4 stabbing of the CasApp founder
How to manage your 401k? I needed some diversification tips.
SF commercial real estate: Office vacancy 28% (CBRE). Rents have fallen 15% (JLL)
BlackStone's Woes and the upcoming CRE issues
SF Fed's Daly backs more tightening; too early to discuss March meeting specifics
Fed needs to tighten more as disinflation is far from certain, SF Fed's Daly says
What’s the better investment play: real estate or stock market
Looking for Tax accountant in SF BayArea or remote in US who has experience with options, LEAPS
It takes longer than you think, why the market won't bottom until Q1 2025
Stifel Financial Q4 earnings miss reflects wretched Institutional Group results (NYSE:SF)
Stifel Financial Q4 earnings miss reflects wretched Institutional Group results (NYSE:SF)
$100K of goods stolen from SF dispensary; video shows ‘professional criminals’ breaking in
Ferrari is celebrating 2023 with a NFT Giveaway of 900 NFTs with the release of the new Ferrari SF90 Model.
Looking for not-investment-advice for van-liver in SF and 200k a year tech job
Would you trade real estate derivatives if you could?
Unpopular Opinion: Owning your home not necessary a better financial decision than renting a similar property.
Paycom Software Calls $PAYC - NOV.1 Earnings Call
The Very Good Food Company (NASDAQ: VGFC) (TSXV: VERY) (FSE: OSI) To Present At Two Conferences
Just here to say that saw someone post about $BDSX and i’m glad he did.
Deal Announcement at TechCrunch Disrupt for OnlyFans? $VYGG is Team is Heavy SF and TC Audience.
Alright which of you dudes did I spot driving in SF this weekend?
Alright which of you dudes did I spot driving in SF this weekend?
Toys R Us will return to downtown SF — inside the Union Square Macy’s
anyone know a REIT that has heavy exposure to SF commercial real estate?
Short Term Housing Crash and the Human Response
Help a poor bro who has 5000 PUT on a bankrupting company
Quick Macro Overview - the Fed is Lying to You
CGR Issues Report on Best Bets for Sports Gambling Boom ($DKNG, $WNRS, $PENN, $CZR, $MGM) - Digital Journal
CGR Issues Report on Best Bets for Sports Gambling Boom ($DKNG, $WNRS, $PENN, $CZR, $MGM) - Digital Journal
CGR Issues Report on Best Bets for Sports Gambling Boom ($DKNG, $WNRS, $PENN, $CZR, $MGM) - Digital Journal
I scraped r/SPACs for the top ticker mentions in the last 24H. Here are the results (Saturday April 02, 2022)
We the people and fate and fate as we know it
We the people would like to be free. The fate as we know it
China Oct smartphone shipments up 30.6% y/y, likely driven by iPhone
China Oct smartphone shipments up 30.6% y/y, likely driven by iPhone
Market Perspective: Recent Trends & Thoughts for the End of Year
Market Perspective: Recent Trends & Thoughts for the End of Year
Why Peter Szulczewski & ContextLogic Inc. Team Will Be Able To Execute (Why I'm Bullish On CONTEXT LOGIC)
Why Peter Szulczewski & ContextLogic Inc. Team Will Be Able To Execute (Why I'm Bullish On CONTEXT LOGIC)
Why Peter Szulczewski & ContextLogic Inc. Team Will Be Able To Execute (Why I'm Bullish On CONTEXT LOGIC)
PRTA Stock (Prothena Biotech) set to make double digit % gains!
INTC down 12% today. No new information. GPU release date is still Q1 2022. IF successful the P/E much better than Nvidia/AMD
Major Illegal Marijuana Grow Bust In Alameda County; 100,000 Plants, $10 Million In Cash Seized
How Zillow, Redfin and Opendoor manipulate the single family residential/house market
SG Blocks ($SGBX), no short squeeze, just a MASSIVE undervalued company trading at ~0.75x its 2021 forecasted revenue
Why it may be time for an SDC bed shitter (the good kind)
Why it may be time for an SDC bed shitter (the good kind)
Why it may be time for SDC to have a bedshitter week or so (the good kind)
$IRNT: Gamma Squeeze Has Happened, Tuesday will be explosive
IronNet Cyber Security Gamma Squeeze Set Up
$IRNT - IronNet Cyber Security - an actual gamma squeeze candidate?
$IRNT - IronNet Cyber Security, potentially extraordinary market dynamics at play, the hole in the liquidity rulebook, the mother of all gamma squeezes (MOAGS)
$IRNT - IronNet Cyber Security - an actual gamma squeeze candidate?
$IRNT - IronNet Cyber Security, potentially extraordinary market dynamics at play, the hole in the liquidity rulebook
Green thumb up on LCID! Jonny Lieberman from Motortrend driven the Lucid Air Dream from LA to SF under one charge and still had more left! His full report tomorrow, August 25th!
$SKLZ. Cathy wood's favorite. 20% SF. Let push it
“If you continue to purchase assets, the reaction primarily is in pricing, not so much in employment,” the Boston Fed president said. “I don't think asset purchases are having the desired impact on really promoting employment.”
Mentions
My bags are packed with spark plugs and cheap porcelain shards from SF, Philly here I come.
Sure, but you said they didn't exist. You can hail one right now in SF, LA or Phoenix so they do exist. I don't think we're getting ahead of ourselves pointing out that robo taxis are in use today in 3 rather large cities. It further highlights TSLA's mistake to drop lidar for cost reasons hoping they could get by without it.
Is it still small scale/beta? Yes, but it's absolutely a real robo taxi anyone can ride in SF and LA.
I have seen bigger turds on SF sidewalks
I'm in at like .86 and may buy some more to average down. Rail still has a valid future. A bullet train from NYC to Chicago to SF would be awesome (but won't happen in America until President fElon is gone). For they looked in the future and what did they see? They saw an iron road runnin' from the sea to the sea Bringin' the goods to a young growin' land All up from the seaboards and into their hands https://www.youtube.com/watch?v=PXzauTuRG78
Have you driven in one? No one that I know (including me) that has ever been in one prefers a human driver after trying them. And they have announced a new platform that reduces cost per vehicle. This is the strategy that makes sense in emerging tech. It looks slow until suddenly they hit an inflection of deployment and then they are suddenly very profitable. Also, I monitor pricing in SF since I live here and the prices are steadily coming down. After tip it's usually cheaper and it's absolutely shaved the peak off of surge pricing for Uber / Lyft as they have ramped deployment. And honestly, even if they stay more expensive I'm still willing to pay for it bc it actually is that much more relaxing and pleasant than dealing with the driver lottery.
Don't you think they are get better and will scale? That usually brings down the price massively. SF is way ahead to most metro areas with FSD taxi deployment.
No it won't. Waymo cars are shit at driving themselves in SF. The cars are very expensive. The rides aren't any cheaper than Uber which is already heavily overpriced compared to the muni alternatives available.
Nah, that geofenced shit is annoying. I couldn't even take one from my hotel in downtown SF to the airport because it's not allowed to leave city limits.
LOL Cali isn’t just LA and SF.
Where does the SF money come from?
Lidar is only good for public transport and geofenced cities like SF. Waymo is really good no doubt. But we shouldnt compare these two. We care about scale. And lidar is always possible for tesla to re-attach them since they do this in the testing phase. In my example with trucks, i agree that having both FSD and Teslas Lidar which they use in testing is untouchable. Why add Lidar to trucks with FSD? Because they are driving the same roads all the time and it enhances safety. Plus Tesla could geofence all major highways for trucks and now youre able to Scale this product to UPS, FEDEX, AMAZON. I dont love Tesla. I dont care about it. Im just a investor
Such utter bullshit There’s a place in SF where you pay to toast your own toast
And it seems like he is Swedish. The money will go a lot further there than e.g SF or NYC
I've done amazing on individual stock picks - I invest in any product I love and use frequently. But I probably also got lucky, since most were tech stocks, and I lived in SF where a lot of these products were popular but not yet widespread to the rest of the world.
My coworkers flying in from SF kept going so I started tagging along. It's like Chipotle but if the ingredient quality was great.
Waymos are geo-locked because they have very limited areas they're _legally_ approved to operate in for now, not because of the tech. In SF Waymo isn't approved by most cities in the east Bay, for example, so they won't take any trips to there.
What about Cloud? Over $11B/yr and growing at 30%? How about Google ecosystem products like workspaces/Gmail/Maps/Chrome/Earth/Calendar/Android/Fitbit etc that all collect data on important things to advertisers (location, shopping habits, searches, emails, etc massive amounts of data at their fingertips that all feeds into the AI model of "how to advertise to this specific person") I know those don't move the bottom line much but all of them contribute to how sticky the ecosystem, products, and data sent back to the company. Gemini is almost always at or near the top of the AI leaderboards, if you are bearish on AI in general that's fine but considering how bullish many are on AI plays like META, AMZN, TSLA, ORCL, PLTR, Deepseek, xAI, C3 etc Gemini is consistently beating their best models, currently only #2 to OpenAI chatgpt Waymo is expanding to 8 cities this year and yeah it might never stretch from cost to coast but in high density cities like SF, NYC, LA, Las Vegas I could see it being tremendously convenient compared to renting a vehicle, parking, or day to day commuting for residents, especially those along the eastern seaboard who currently use Taxis/Ubers/Public Transport and don't own vehicles or want to pay to insure, park, maintain vehicles
Courier stocks, especially Chinese brand(SF Express) probably gain on this policy but cheap delivery from Chinese online platform won't get anything cheaper any more.
>Do people not realize waymo is already operational and just needs to expand. It’s working like a charm in SF for the most part. Big potential meanwhile Tesla FSD is still just an illusion. Waymo needs to figure out how to get their cars cheap enough to break even.
Of course I pay attention, I would never put another driver at risk and have never in my life been in an accident. However, I believe FSD is as safe of a driver as I am. I suggest you try the current version. It's amazing. But you're kinda proving my point about RealTesla posters....they are not open to trying anything Tesla related because they have an irrational hatred towards the company for some reason. Maybe your views of FSD safety are based on your experience with Cruise? I heard they got shut down for an accident in SF where they then tried to hide the data behind the accident. Either way, that division closed down right? While FSD keeps improving...
We already have self driving. Ive literally taken driverless taxi rides in SF a year ago. The only thing is that it’s not Tesla, and they use a perception system that Tesla deemed unnecessary so none of the sold cars have it lol.
Obviously it's working well in SF because all its training is within that area. Geofenced self-driving is not that difficult, making it work everywhere is. It's better to have data across more regions with less functioning FSD (TSLA) than the other way round (Waymo). In the long run, TSLA is better positioned
Do people not realize waymo is already operational and just needs to expand. It’s working like a charm in SF for the most part. Big potential meanwhile Tesla FSD is still just an illusion.
All the robot cars only ever work in SF and other parts of CA because they need to meticulously scan every inch of every street ahead of time and feed a perfect map to the cars. They'll never work on flyover country streets that tech nerds haven't scanned ahead of time.
First off, you are a good broker! Especially, since you had the foresight to actually look at some of the “traditional” metrics that make a good investment like profitability. I say this because I worked at Oracle during the dot-com era and sold software to a large portion of them in the SF/Bay-area. It was extremely profitable until right around 9/11. Then companies were closing left and right, and I experienced my first commission claw-backs… Ugh… But that’s an entirely different beast. I got a little off track here, but what I wanted to comment on was the fact that the dot-com area as far as investing is concerned was an insane beast! I had more friends become paper millionaires over night, (only to be completely broke a year later), than I can count. So I’m not sure if everyone on this sub can appreciate what you did for this lady! My broker was suggesting big buys on eToys and other flimsy dot-coms that are nothing but a distant memory now. I don’t blame him, he was young, but I cannot think of very many people 20-40 years of age that didn’t think they could be the next instant millionaire and were willing to sell their souls to achieve. So again I tip my hat to keeping your head during one of the crazy times I’ve lived through!! Nice job!!
I am driving down to the farm country tomorrow to buy some live chicken so they can lay eggs 🥚 and I can sell them for $10 a dozen outside Whole Foods in cities like SF
And here in SF the luxury condos are tilting
It's a big deal, but it's almost all brought in by Americans at ports of entry, like LA, SF, and New Jersey.
You're proving my point. Getting to live in the SF Bay Area IS part of putting things into context. That's the whole point of my post. Context matters.
You’re ignoring the fact you get to live in SF bay one of the most desireable places on earth. That’s part of your benefit for paying hire COL
Could almost afford a dumpster in SF with that salary
Back then, late 90s, in the SF Bay Area, an eighth of top shelf flower was $65 on the street. A guy could get a pound, break it down, smoke for free, and make 4000 bucks. Good times.
I can’t tell if you’re trolling. Archer is from California and the city is pretty common knowledge. They have locations in the south end of the SF Bay.
SF is a tiny part of USA and the people who pay these rent are paid more than CEOs in European companies
This post needs to be higher up. $X an hour is an arbitrary number. It doesn't mean anything when it's not placed in proper context. It may seem like a lot (or a little) to people, but that's because they're comparing it against their specific pay/living situation/etc. By Midwestern perspective, I'm rich. In Thailand I'd live like a king. In the SF Bay Area, I'm barely living a middle-class life.
I pay1.8k for a studio in SF Bay Area. Easy to find if you just look.
HOOOOOOOOOOOOOLD # SPGC 
The time he bought his way on stage with Chappelle and got booed mercilessly by the SF crowd until he said “Dave, what do I do?” was the absolute peak.
Waymo has been giving driverless rides for months now they are even charging people. Are they perfect no but they can definitely drive around SF with minimal issues
I ride a driverless car all the time in SF. Never see any Tesla using FSD though as it can’t handle cities.
Given the leadership change in the White House though and Palantir's relationship with the military that might be enough to trump (no pun intended) the technology shortcomings. You see this all the time with tech companies, the ones that can sell will win (though of course SF and DB are doing just fine) even with inferior tech
Yeah and I was in both SF and San Diego within the past few months, live in Idaho now with a large migrant population, and am from the deep south where just about all of the ag labor came from seasonal migrants doing all the work the locals didn't want to do out in the fields when it was as hot as Satan's asshole and as moist as his taint. This circlejerk rage bait is just the latest lightning rod in an ongoing series of lightning rods, jangling keys, and laser pointers that these folks will get riled up on like clockwork whenever they're supposed to just like every other dumbass buzzword that's just a stand-in for whoever you're supposed to hate at any given time. Migrants today, CRT tomorrow, drag queens on Tuesday, DEI Wednesdays, trans people on Thursdays, vaccines on Fridays and sometimes the weekends, Sunday rest for the Lord, you get the idea. The motherfucker you're replying too has likely never had any one of these people directly impact their lives in any meaningful way but they're at the ready to hate to the core whatever the token minority of the day is.
The CEO that’s his on stage outfit …seen him in SF last month on stage interview with Steve Jobs wife , he had on a leather jacket ..lol
The only reason other EV producers haven't taken more of the marketshare is because they haven't had the capital to scale and compete at Tesla's pricepoint. In response, Tesla has continued to lower their prices to remain the best value product, but this prevents them from improving quality. Tesla can use it's stock value as a piggybank, but it doesn't change the fact that their financials aren't much better than any other car company. Rivian and Lucid have excellent products, I see them in SF more and more each day. They're both superior to Tesla's offerings and once they scale with the recent influx of investments from traditional automakers, there's not really anything to indicate that they wouldn't be strong competitors to Tesla. They'll have the benefit of being the new cool thing on the block, while Teslas will become gimmicky old tech with subscription models, ran by a scummy political influencer. Everything for Tesla points down. They're only hope is if they come out with some insane tech, like flying cars, but what are the odds of that.
LA, SF, PHX and Miami. And now Tokyo. A year ago, they were in SF and PHX. In SF, their monthly ridership has more than tripled since April. It is still early, but these are all super promising stats considering most of the country is still probably terrified of the concept. But everyone I have ever taken on a ride is immediately sold on it. Even people who are timid. It is going to be the way ahead frontrunner in an industry that is going to save millions of lives and change our concept of traffic and transportation. But what tf do I know. The only people who seem to oppose it are gig contractors who see the future replacing them.
Imagine thinking everywhere in SF is the same thing…
 Going to sell my million $$$ condo in SF and NYC becuz a WSB regard said it is shitty. 
I asked how much is Top 2% networth in the US chatgpt says, $2.5M in the US $3 to 5M in SF, LA and NY $3 to $4M in Miami, Austin and emerging tech places. $2M in most middle states. another Astonishing data about rich. There are 1 million poeple who has more than deca millionaries (10 million) in investable accounts the US.
You should review Waymo’s market share right now in SF. Not sure why this wouldn’t be scalable given Waymo’s partnerships with Geely, Uber, Hyundai, Jaguar and more. Waymo is positing itself as the dominant ride hail option. Tesla FSD is currently focused on car ownership.
I was in solar for years, lots of the extra cost you are seeing is going towards paying Civil and Electrical engineers contracted by the solar company to argue with your city's building permit office. Tons of unnessesary red tape. Many "blue cities" are actualy very anti-solar once you get into the weeds of it. Palo Alto and SF (CA) are some of the worst I have ever dealt with. I have had building departments admit to me that if they don't come back with any red lines they get their department funding cut, and advised us to intentionaly make a few "easy mistakes" so they can do their job quickly and we can build sooner. Complete nonsense, they need to be DOGE'd. Unfortunately, the installers generaly only make good, not great pay, despite how many people fall off roofs every year.
Maybe? I made this comment around Waymo like 6 months ago. They’ve beeb in operation in Phoenix and SF for like years. Seems like the market is only know catching up to it.
82.35% owned by institutions. Retail will not move this stock. Autonomous driving fears are overblown. There’s a reason why Waymo only has 300 vehicles in SF. One reason is cost but the biggest reason is if Waymo increases its fleet, the cars will have nothing to do during off peak hours. People say that algorithms will solve the issue but algorithms can’t increase demand. But if you don’t increase fleet size, you can’t gain marketshare. UBER got destroyed because of short term news that may never materialize. 2025 should be a great year for UBER
Most of SF, and a large part of LA (the rich part lol) https://waymo.com/waymo-one-san-francisco/ https://waymo.com/waymo-one-los-angeles/ Note: so far it cant go to the airport. But I recently was in LA, and found it amazing for everything other than getting to LAX
Certain parts of SF and LA in guessing?
There are already people doing point to point FSD from SF to LA to test FSD 13 with no intervention
Random ass story, but I was bar hopping with some friends in SF and a tech bro I was chatting with said their company is spending $100,000 per month on Reddit APIs for their AI models or something. TLDR. Buy RDDT options a few months out. Earnings going to be crazy
MRNA - tempting value, their cash position accounts for $23/share alone, and they have two approved vaccines + pipeline. Could be a value trap if COVID vaccine sales don’t find a floor soon ASML - essentially a monopoly but china trade restrictions will continue to weigh. UBER - value trap. AV existential threat, management doesn’t have an answer. Waymo has stolen share in SF incredibly fast and they just started marketing. LA will be the same
The most bearish case for Waymo is scaling the service IMO. Waymo is a tech company, not an operations company like Uber. Google has historically failed miserably anything that requires scaled operations. I think I read they’re doing less than 1% number of trips Uber does monthly in SF. Think also folks overestimating marginal cost of trip long term. Sure, no driver, but you still likely have a 1099 employee + expensive hardware + vehicle maintenance costs that does not decrease at scale.
I mean it's already happened. Go to LA, SF or Pheonix and get a Waymo. It's mindblowing
Still quite a lot of upside to Uber specially with their own self driving efforts underway. The volume in SF is around 5% than 50%
California voted for and has already spent millions on their high speed rail from SF to LA, but it's already way behind schedule and over budget, so there are also clearly other reasons besides Elon (who didn't't blow their budget or delay their schedule) also contributing to CA's high rail woes. Elon and Trump are hostile toward it like you've said, but it has already been facing other struggles as well. https://www.latimes.com/california/story/2024-03-21/high-speed-rail BART has seen a persistent increase in the rate of crime (per rider) and decrease in riders since the pandemic, so again CA leaders do need to accept some blame and get their shit together with respect to public transportation. https://www.transittalent.com/articles/index.cfm?story=BART_How_Bad_Is_Crime_11-12-2024#:~:text=With%20BART%20ridership%20still%20at,this%20year%20nationally%20and%20regionally.
Hmm you're not wrong. I think Uber is in a bit of a trouble too, but this trouble isn't necessarily now so I feel like the stock should be able to recover quite a bit. Here's a several points to refute your argument: 1) There are only 300 waymo cars in SF. It takes longer to get a ride and it costs more. The ride is also slower in comparison to human drivers. 2)UBER has name brand recognition. Just how much of that can matters when it comes to brand stickiness...it's hard to say, but it's common to use the phrase "Let's just uber", etc. 3)Trump's DOT could be a former UBER executive. Elon favors Emil Michael since Emil also invested into SpaceX. So UBER could experience a lift like TSLA. 4)Trump introduced a regulation that would've seen UBER gain hundreds of millions in profit, but that was shut down in Biden's administration. Could we see a return?
Honestly it’s fair, it’s obvious people aren’t understanding and claiming he’s insanely lucky. 50% match is nice but after a certain compensation it’s just worse. If I get 6% of my total comp matched, and he gets 50% of his contribution matched, then after 195k it’s better to have the 6%. I know that seems high, but in tech in SF, it’s really not
Where did you see revenue data? I know they are running a few cars in Austin and SF in partnership with Uber, but I can't imagine the revenue is meaningful.
I was thinking too, SF also keeps you away from some bad plays.
I feel like people could easily fuck it up. Emails usually have 5 bangers that 3 or 4 of them do big things, like 10-20% that day. You could also assume the highest squeezability = a stock that is about to squeeze, so you just buy number 1 on the list. But that stock might not do anything today, or even for a week, and then something 20th on the list does the big squeeze. Thats because of catalysts and the like. Or the big squeeze stock has bad things happen or reverse split or something dumb. So Yes, i love SF, but you should try and read a few patterns in it that work for you. I myself like to look for options. Also, on 6 weeks of alert testings, on average the return was 20%, so the alerts (bullish swing) were on point it seemed. Just gotta be careful you dont buy some 110% ran up stock that is of course going to lose 30% immediately.
both Chinese EVs and the EV infrastructure feels a decade ahead of the US not in how advanced it is because it’s literally the same available text but how common (or accessible, including price point for not just consumers but also local governments, developers, developers, etc) going between Vancouver and Bay Area to China and their Greater Bay Area (how they’re now branding Pearl River Delta metropolis) feels like seeing VAN or SF in 2030 and VAN has a shit load of EVs by Western standards. 46,000 Teslas with insurance (public data has insurance is run by government) for example. but you go to Shenzhen or something and it’s like a third of the cars now and every building or even most new infrastructure is built with EVs in mind. chargers are everywhere. wireless charging tech is showing up everywhere. every new street seems self-driving friendly (a pro and con for density). and don’t misunderstand that it’s all flawless or that typical sino-corruption doesn’t exist in many or most projects as everyone still tries to line their pockets especially with how bad the economy is. but the government has shifted so much money into it that it’s inevitably reaching a high level of quality too — either that or an incredible price point it’s not just the EVs that cost 25-50% for a given quality but even infrastructure… government or building developers can add charging systems and other infrastructure for a real relative (not just in nominal terms but adjusted to how much they pay for, say, building materials) price that is just ridiculously cheaper than here. it’s almost a meme at this point but most westerners don’t really understand how far ahead some Chinese cities are (IN SOME AREAS). emphasis cuz there’s a reason I live in the West lol
i guess you don't go back to the same restaurant twice in SF
It's a beautiful place with a lot of friendly people. It's small and densely populated so every pro and con and everything in between is surrounding you, so I agree you don't see the dichotomies of society in other (first world) places the way you do here. I feel like if you actually care you can make an impact (in whatever avenue that interests you) in SF, other places it's not like that, everyone is silo'd and spread out. I see a lot more here or different facets of society interacting with each other than I have seen in other places.
Agreed but most big cities are becoming the same tbh, Austin isn’t far behind SF
I was listening to one of the old SF mayors speak and he was pointing out that post-Gavin SF has been run horribly. All the money the city has and wastes is crazy. Dont get me wrong, I love the City. Im just saying the income gap has gotten much worse.
They have cleaned up a lot in last year or so, still more work to do though. SF leadership is a joke
SF is the most dystopian city in the country A couple of areas are still full of camps. Then right around the corner, you have all the highrise apartments and office buildings. Now with those stupid waymos driving around. Autobots rolling around the street, someone dying from OD, Sales Force Tower all on the same block lol
The median rent in a VHCOL area such as the SF Bay Area can be over $3k/month. Add in other necessities like utilities, food, etc and it really isn't hard even without any extravagant lifestyle inflation (though of course there is also that).
The dollars are inflation adjusted to 2022. Some cities are at a higher adjusted cost, others aren't. Admittedly, the higher cost areas are more attractive. But I've never been able to afford to live in SF/San Jose/Los Angeles. And I never will. It was the near east side of Detroit for me. Oh well.
Anywhere that people are lol. The people live where the jobs are, and the jobs often don't keep up with home costs or apartment rental costs. Median home in NYC, SF, etc (tech hubs) are over $800k for a 1200 sq ft home in a non-crime area.
There were a bunch of critical periods that Millenials had. If you had a few years of work experience before 2008, you weren't so fucked Or if you were lucky you graduated college in 2012, when the economy was doing better. Another one, (I got fucked by 2008) but I bought my house in 2014, FOR LIKE NOTHING. I litterally put 5k down on a 180k house, with like 3. APR, meanwhile all my richer friends were buying prius or flying out to SF to get fucked up. I was MISERABLY house poor for the next two years. Now i'm one of the few friends I know that own a home. I dunno, what i'm trying to say, like we had opportunities, but if we didnt sieze them, we're kind of fucked. Like, it just fucking sucks you had to be at the right place in the right time with the right foresight to like not being SO FUCKED right now.
Probably if things stay that way we would go full SF distopya with ultra rich countries/cities (like New York) reuniting rich people and multinationals and poor cities/countries reuniting the poor and working class.
4 more minutes before tsunami hits eureka and about 15 min until SF gets splashed
SF needs a good washing.
its going to wipe out SF. So calls on spy.
But that actually works for my argument, not against it. It would be highly unnatural for them to remain the only game in town and nothing kills profits better than competition. So in a truly competitive field they stand to actually lose, which BTW we've seen and which is why the big scramble for diversifying their business was. For sure there's more of that coming up. As far as best reputation goes it would also be fair to say they have the worst reputation - due to being the sole legal player in town. FTX had very good reputation, BTW, and we can't hide from the fact that SF was right that if he wasn't busted he would have been able to pay his debts - in fact the FTX bankruptcy is one of the very very few where all plaintiffs will get 100% paid - all thanks to the raise of BTC, but nonetheless..the fact remains the business ended up 100% liquid after being liquidated... And before that, just to remind you, AIG was the biggest and best of them all - too big to fail, actually - before it fell. Simply put, none of the arguments you pull up are actually solid; not saying they aren't true - they are - they are just not solid. Short of world financial revolution coming that is going to wipe out fiats and replace them with crypto at the center of which would be BTC I am 100% certain Coinbase will go down from where it is now, even if it manages to first get even higher in the near term. It is definitely overpriced where it is right now...more than the whole market is overpriced...it's just that...it doesn't matter, as long as enough people believe it will still go up...and they do...but that will eventually come to an end and then it will go WAY down :-)