If any city was able to cope with a dot.com decline, it should have been San Francisco. It had more going for it than any American city, Yet it has sunk lower and lower by any conceivable measure. It’s stupidity, not bad luck.San Fran is an interesting place from a public admin perspective. I just got out of grad school and spent a summer there when Willie Brown was taking over as Mayor. His timing was fortuitous as he was in charge during the dot com era. So the city had all sorts money for programs and was gentrifying areas and engaging in all sorts of large scale projects. It was gorgeous. Newsom replaced Willie when Willie termed out. Since that time as what appears to be bad luck (dot com decline) and bad policy San Fran has apparently gone to shit. I think it would be a terribly difficult city to manage when the median home price is 1.5 mil