The Cost of Doing Business: How SF's Tax Structure Constrains Economic Growth [pdf]

Key graf on page 5: "Prior to the pandemic, downtown San Francisco saw strong net new business formation, with 711 net new establishments in the information, financial, and professional services sectors in 2017 (Figure 3). The trajectory reversed sharply during the pandemic and by 2025, this figure fell to just 25 – a decline of 96%."

Do not ever open a business in sf. Their tax office is corrupt.

Is it true SF can get away with not caring about constrained economic growth?. Regardless of not allowing any data centers, it's still a good location, and location is everything.

Prop 13 is clearly the most distortionary issue, of all. Until that is overturned, you are stuck with constrained growth.