San Francisco the poster child for the donut effect

With downtowns generally suffering most from the growth in remote work, the hardest-hit cities such as San Francisco are now seeing this impact other revenue streams too, not least tourism. While there are promising signs that conversions from office to other uses are becoming increasingly viable, cities will need to continue finding proactive ways to drive rejuvenation in downtown areas, or face a hollowed-out city and tax-take.