Concerns escalate over San Francisco's rising crime hurting business
From Johnny@21:1/5 to All on Mon Sep 26 08:38:33 2022
By Aislinn Murphy
September 26, 2022
There are concerns San Francisco's rising crime is negatively impacting
the city's businesses.
Hamid Moghadam, the CEO of the San Francisco-based real estate company Prologis, was robbed outside his home at gunpoint in broad daylight in
June. He subsequently sent a letter to city and state officials about
the incident. The letter, viewed by FOX Business, called for government
leaders to take "action around crime in our city."
"It is now difficult for me to tell potential candidates that they
should move to San Francisco," he wrote. "We pay some of the highest
taxes, local and state, in the nation, yet we have no sense of
"Protecting public safety should be the government's top priority —
that is the foundation of a successful city. Only in a community where
people feel that they and their families are safe will jobs and culture flourish."