San Francisco Emerges From Shadow of a Doom Loop

“San Francisco is back. Or at least on its way,” the Wall Street Journal reports.

“Crime rates have dropped to their lowest levels in decades and continue to fall, with burglaries, a particular nuisance to homeowners and tourists, down 28% this year. The homeless tent encampments that block sidewalks and bedevil retail businesses have shrunk, while foot traffic and transit ridership have risen.”

“Rents overall are up 12% year over year in the city proper, with September marking the 13th month in a row of consecutive growth, according to Apartments.com. And the hotel industry is showing signs of recovery.”