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News For Reasonable PeopleAuthor: Sean Reynolds
Dedicated to providing Alternative News and Unbiased Reporting for those tired of the mainstream media. Our Real Stories, Live Coverage, and Pressing News cover topics from social unrest to true crime. We feature Documentary Pieces and In-Depth Interviews that the media avoids, embracing Citizen Journalism and highlighting under-reported events. Tune in to our channel for daily updates on the most pressing news, and become a part of our growing community that values truth and transparency. Don't forget to subscribe and hit the notification bell to never miss an episode! Language: en-us Genres: News, News Commentary Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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San Francisco's Progressive Property Tax 'House of Horrors'
Tuesday, 18 November, 2025
San Francisco's progressive policies have created a real estate apocalypse that's absolutely mind-blowing. A 15-story office building that sold for $62 million in 2016 just went for $6.5 million – that's a jaw-dropping 90% discount! We're diving into the House of Horrors that is SF's property tax crisis, where massive office vacancies, rampant homelessness in the Tenderloin, and work-from-home policies have created the perfect storm. The city is drowning in 7,500 property tax appeals (up from 2,800), and here's the kicker – if they can't process them within two years, they automatically lose and must accept whatever reduction taxpayers demand. Some are literally claiming zero value! With a potential $1 billion in refunds looming and major properties selling at fire-sale prices, this isn't just about one building – it's about the complete collapse of progressive urban planning. Is this what happens when ideology meets economic reality? Can any mayor dig out of this financial sinkhole? Hit subscribe and let's watch this trainwreck together – because somebody needs to document the death spiral of woke city economics!
