Politics

San Francisco Apartment Building Loses $250 Million in Value Amid Crime Crisis – Now Facing Forclosure

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A very large apartment building in San Francisco has lost $250 million in value since 2018 as the city has devolved into a hellscape of crime and open drug addiction.

Commercial real estate and retail space in the city have had the same problems.

This could eventually cause a domino effect on San Francisco unlike anything we have ever seen.

The FOX Business Network reports:

San Francisco apartment building facing foreclosure, significant decline in value

An apartment building in San Francisco has reportedly experienced a large decrease in its value compared to where it stood in 2018.

The San Francisco Chronicle, citing data from Trepp, reported Thursday that the building,

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