“Additionally, about 40 percent of office space in the city's financial district, and about 30 percent of rental space, are currently sitting vacant, according to the report.
Perceived crime issues downtown are also partially to blame for businesses leaving and locals avoiding downtown.”
Oh okay, so no big deal then: only 105,000 people left homeless because the city had no water in their fire hydrants during a fire, with a severely understaffed fire department, and bureaucratic incompetence preventing them from rebuilding over a year later.
For the 105,000 Angelinos who lost their homes in the Palisades fire last year because there was no water in the fire hydrants, and still can’t even begin to rebuild their homes over a year later due to city zoning regulations, their answer to your question would probably be: “yes”.
Should I continue with more examples, or are you starting to catch up already?