San Francisco offered businesses a MILLION DOLLAR tax break to move into the Tenderloin area. Big shocker – absolutely nobody took the deal! Not a single company thought it was worth it, even with that massive incentive dangling in front of them.We're breaking down why 40% of San Francisco's office space sits empty, why even AI companies are avoiding these specific zip codes, and what it really means when businesses would rather pay full taxes elsewhere than take a million-dollar break in certain neighborhoods. The city won't talk about street conditions, but the results speak for themselves.Meanwhile, they're spinning rising vacancy rates as "stabilizing" because things are getting worse at a slower pace. Is anyone surprised that companies are saying "hard pass" to areas where lunch breaks come with hazard pay? What does it tell you when even desperate businesses won't bite on a seven-figure tax credit?
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