San Francisco’s stuggle with property prices

The current protests against tech workers in San Francisco are part of a wider economic problem

“You’re not wanted here” is the message from San Francisco residents protesting against tech workers and tycoon moving into the city.

Over the last year the protests against the ‘Google Buses’ that ferry tech company workers from San Francisco to Silicon Valley has steadily ratched up with protests against high profile individuals, people vomiting on the buses and Google Glass wearers getting their devices smashed.

Around the world, from London and Berlin to Auckland and Hong Kong, cities are worrying about the diversity of their cities as the global asset bubble inflates property prices beyond the reach of ordinary citizens.

In many respects San Francisco is probably unique in its relationship to Silicon Valley and its restricted geography, but it’s hard not to think if the current technology stock falls on the US stock markets became a Tech Wreck style bust then the city’s problems might solve themselves.

The challenge for all major cities around the world is to manage the current boom in property prices that threaten to drive out lower paid workers essential to vibrant economies – although ultimately anything that can’t be sustained won’t be sustained and it’s hard to see how housing can run too far ahead of wages before a reversal happens.

In the meantime though we can expect to see many cities struggle with the same issues that face San Francisco.

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Cities of Industry

Governments are beginning to recognise manufacturing is part of any advanced economy, some though are struggling to abandon the last thirty years of ideology.

The latest Decoding The New Economy interview feature Laurel Barsotti, Director of Business Development at the City of San Francisco discussing how the city refound it’s entrepreneurial mojo.

A notable point about Laurel’s interview is how she has similar views to Barcelona’s Deputy Mayor Antoni Vives about the importance of industry to San Francisco.

For some time it was an article of faith in the Anglo-Saxon world that the west had become post-industrial economy where manufacturing was something dispatched to the third world and rich white folk could live well selling each other real estate and managing their neighbours’ investment funds.

“Opening doors for each other” was how a US diplomat described this 1980s vision according to former BBC political correspondent John Cole.

It’s clear now that vision was flawed and now leaders are having to think about where manufacturing, and other industries, sit in their economic plans.

Barcelona’s and San Francisco’s governments have understood this, but others are struggling to realise this is even a problem as they hang on to dreams of running their economies on tourism, finance and flogging their decidedly ordinary college courses to foreign students.

For some political and business leaders this is a challenge to their fundamental economic beliefs. It’s going to be interesting to see how they fare in the next twenty years.

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Travel review: Marriot Marquis, San Francisco

In downtown San Francisco, the Marriott Marquis is good place to stay for a conference, just be careful of the coffee machine.

San Francisco’s Marriot Marquis is a welcome place to rest after a tough flight or a long day at a conference, just be careful when you take on the coffee machine.

The first impression of the Marriot Marquis San Francisco when you step out of a cab is that it is a very busy place. Being situated next to the city’s Moscone Centre makes it is the centre for the convention trade which overruns the hotel when a big convention like Dreamforce is on.

Something all major conference destinations do well is dealing with crowds and the Marquis is no exception. The reception desk is efficient, fast and friendly – right down to having no problem with a check-in earlier than the stipulated 4pm. Exactly what a traveller needs after a cramped 13 hour flight.

The room

A standard room at the Marquis is a comfortable size with a genuine king sized bed. Beside the bed is a clock radio that is simple to set and actually works, this is something many other hotels should take note of.

There’s plenty of room to spread out with a good sized bath, plenty of storage space and a deep wardrobe. In the wardrobe is the standard digital safe for valuables.

On the TV there is the usual range of cable TV, free to air stations and in-house movies. Interestingly the cable selection included Russia Today but not the BBC World Service or Al-Jazeera.

Power sockets are plentiful including two mounted on the writing desk for easy laptop charging. Wireless networking, which costs an extra $14.95 a day, gives reasonable download speeds and is more than adequate for most cloud computing tasks.

The Coffee Machine of Doom

Unlike the user friendly beside clock the one cup drip coffee machines are quite possibly the most difficult devices ever installed in a hotel room.

in room coffee maker at the san franciso marriott marquis
The evil Marriott coffee maker

Thinking the first one was broken, I sent it back. It turned out it wasn’t but I never quite got the knack of figuring out how to work them.

Along with being horribly user unfriendly, the disposable cartridges in the thing are horribly environmentally unfriendly. Generally give the things a miss and visit one of the many good coffee shops in the neighbourhood.

Fitness Centre

The fourth floor fitness centre features the usual range of equipment but in a complex the size of the Marriott expect it to be busy at peak times, at 7am the place was packed.

The swimming pool and fitness centre at the Marriott Marquis San Francisco hotel
The Marriott Marquis’ swimming pool

Upstairs on the fifth floor is a respectable 30ft swimming pool which doesn’t get too busy, however more than four lap swimmers at one time will be difficult. The pool is quite shallow at one end and enthusiastic tumble turners should take care at the end of their laps. Note the pool opens at 6am, half an hour after the rest of the fitness centre.

Location

For attending conferences at Moscone the location is unbeatable and being right on Market Street in downtown San Francisco with Union Square, Westfields and all the major shopping outlets close by.

Harbourside tourist attractions are some distance from the hotel although the Marriot is close to the Powell terminus of the city’s iconic cable cars to Fisherman’s Wharf. The vintage K-Line street car service also runs to Fisherman’s Wharf via the Embarcadero waterfront.

Both the BART and Metro are around the corner at the Powell Street Station – the BART takes half an hour to San Francisco airport but it’s unlikely you’ll need that if you can afford to stay at the Marriot. Cabs to the hotel are around $65 including a 20% tip.

Overall

It’s difficult to fault the hotel as the service is friendly and efficient while the rooms are comfortable with all the features required for a good business stay.

Overall, if you’re not on a tight budget and you’re attending a conference at the Moscone Centre or have business in the SoMA district then the Marriot Marquis is a good choice. If you’re in San Francisco for the tourist experience or you have business in the Financial District then you’ll probably find hotels closer to what you’re in town for.

Paul travelled to San Francisco and stayed at the Marriott courtesy of Salesforce to attend their Dreamforce conference.

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