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RE: LeoThread 2025-06-05 14:48

in LeoFinance4 months ago

Part 3/9:

Despite the setbacks, there are notable successes within San Francisco's commercial corridors. In neighborhoods like North Beach and Haight-Ashbury, the vacancy rates have taken a significant downturn since the implementation of the tax. For instance, North Beach's vacancy rate dropped from 10% to 5%, showcasing a renewed interest from tenants. Similarly, the Haight-Ashbury district witnessed a filling of spaces that had sat empty for years; the once-closed property now thrives as a children's store named Fun on Haight, a testament to changing times and rental expectations.

Understanding the Tax Structure