A growing number of economic indicators are blinking green for San Francisco.

Downtown foot traffic continues to climb . The hotel industry seems to be regaining its footing . And a surge in rental prices , while adding to affordability headaches, suggests that The City has become an increasingly desirable place for people to move to.

Taken together, the trends have created an air of optimism that San Francisco’s economic fortunes have finally turned around, following years of turbulence set off by the COVID-19 pandemic.

“There is no question that for the first time in years, people feel a sense of hope and optimism ,” Mayor Daniel Lurie told Bloomberg in July. “We are the envy of every city in the globe when it comes to business activity.”

But there is one thing San Francisco’s

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