Remember when tech workers were ruining San Francisco by their very presence?
The crisis peaked between 2014-2017 when the booming tech industry was blamed for driving up the cost of real estate. Tech companies drove high demand for office space and also rental housing.
Now they're being blamed for ruining San Francisco — by their absence.
The absence of tech and other workers is crushing city budgets and services, which could cause a chain reaction leading to the decay and shrinking of urban centers.