By Hannah Norman : bizjournals.- excerpt
The U.S. National Park Service has become the latest casualty of San Francisco’s soaring office rents and housing crisis.
The federal agency plans to uproot its west regional office, which supervises 60 national parks throughout the western United States, from San Francisco’s Financial District for Vancouver, Washington.
“We have struggled with recruitment in San Francisco for years due to the high cost of living,” said Regional Director Stan Austin in a staff memo obtained by KQED. The move could save the agency $1.8 million a year with less money allocated toward paying its staff… (more)
The Park Service is not alone in its fight to attract workers as housing prices rise far faster than compensation. Just last month, the California Public Utilities Commission, which regulates the state’s largest power companies, said it will be relocated many of its jobs from San Francisco to Sacramento. This move to decentralize comes after a more than 100-year stint in the city by the bay. The California Association of Realtors recently reported that a household in San Francisco needs to make $333,000 per year to afford a median-priced home of… (more)
How is this not somewhat amusing to those of us who are calling the PUC out for failing to regulate tech buses, Uber, Lyft, and the whole menagerie of “sharing” on-demand transportation systems that is largely responsible for the gentrification they are now fleeing. Does no one else see the irony in this? PUC is leaving the nightmare they created for San Francisco. How is this fair?