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News
San Francisco Democrats oppose California billionaire tax ahead of November vote
1+ week, 3+ day ago (283+ words) tradersunion.com San Francisco Democrats oppose California billionaire tax ahead of November vote California Democrats are divided over Proposition 40 as the November ballot measure tests support for a one-time tax on the ultrawealthy. The split is especially visible in San…...
San Francisco home on sale for $5.2 million, Tim Draper reveals
4+ week, 1+ day ago (323+ words) Traders Union San Francisco home on sale for $5.2 million, Tim Draper reveals Tim Draper, founding partner of Draper Associates, is selling a property in San Francisco with an asking price of $5.2 million. He described the location as excellent, noted the…...
Adding $3 billion in luxury townhomes may make San Francisco more attractive, Joe Weisenthal notes
1+ mon, 2+ day ago (355+ words) tradersunion.com Adding $3 billion in luxury townhomes may make San Francisco more attractive, Joe Weisenthal notes Joe Weisenthal, executive editor of news for Bloomberg Digital at Bloomberg L.P., raises the question of whether introducing 3,000 new million dollar townhomes in San Francisco…...
San Francisco and Austin lead EQR apartment performance this year, Conor Sen notes
1+ mon, 3+ week ago (341+ words) Traders Union San Francisco and Austin lead EQR apartment performance this year, Conor Sen notes Conor Sen states that within the EQR apartment portfolio, San Francisco and Austin have been the top-performing markets this year, while Seattle has been the…...
San Francisco AI boom widens wealth divide as OpenAI, Anthropic equity surges
1+ mon, 3+ week ago (338+ words) San Francisco is experiencing a new wave of AI-driven wealth that is reshaping the city’s tech economy and social divides. The surge in employee equity at OpenAI and Anthropic is creating multimillionaires on a scale that advisers and local executives…...
Garry Tan: San Francisco public bank proposal risks city finances
2+ mon, 4+ day ago (339+ words) Traders Union Garry Tan: San Francisco public bank proposal risks city finances Garry Tan, president and CEO at Y Combinator, criticized a proposal for a San Francisco public bank, claiming it would be staffed by associates of absentee city supervisor…...
San Francisco AI boom reshapes recovery and downtown economy
3+ mon, 1+ week ago (396+ words) After a deep pandemic-era slump, San Francisco is regaining momentum as artificial intelligence investment, hiring and office demand gather pace in new parts of the city. The rebound is lifting companies and wealthy tech workers, but it is also exposing…...
San Francisco housing market surges as AI wealth intensifies luxury home bidding
3+ mon, 1+ week ago (303+ words) Traders Union San Francisco housing market surges as AI wealth intensifies luxury home bidding San Francisco's housing market is accelerating again after a sharp downturn, with AI-driven wealth and tight supply pushing competition for high-end homes to new extremes. The…...
PG&E Corporation outage impacts 14,000 in San Francisco over 7,000 still without power
5+ mon, 3+ week ago (176+ words) Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018. His primary specialties are analysis and…...