SF Business Times: 2021 Mayor's Forecast
Join us for a lively conversation with the mayors of Oakland and San Francisco about the future of their cities and this region. San Francisco Mayor London Breed and Oakland Mayor Libby Schaaf are leading two of the most dynamic cities in the nation, at a time when many of our country's greatest cities are challenged by the ravages of the pandemic, shifting demographics, and the unknown impact of an increasingly remote workforce. As our region has experienced a wave of IPO's and high-end home sales, the commercial real estate market has cooled, retail is in trouble, and housing and homelessness issues persist. Small business, tourism, and much of the diverse culture and heartbeat of our cities has stilled, with downtown windows boarded up and empty streetsWhat will it take to restore the luster and economic vitality of our two great cities? What is the view on business climate challenges, taxes, and a growing exodus of companies and workforce to states that are more affordable and perhaps more business friendly? What is the impact of remote work and how companies will view office space? How are these two dynamic mayors and other leaders in the region working together to reboot a strong economy and business climate, as other states woo our companies and talent? The program opens with an illuminating 2021 real estate forecast by Ken Rosen, Chairman, Fisher Center for Real Estate & Urban Economics Haas School of Business, UC Berkeley, and financial forecast by Bank of America to prepare you with an economic outlook for the year.