^ so where did all of the transplants come from in Charlotte,Florida,Texas,Nevada,Nashville?
If all of those “richest cities” had the desired quality of life and investment in people,they would have had no reason to leave.
They are becoming victims of their own success and the same scenario that happened in Detroit is playing out there.
As more of the middle class workers leave it becomes a city of two incomes and with nobody left it lays on the corporations to pick up the tab,until it becomes not cost effective for them to do so,so then they leave.
It is not reinventing the wheel in economics,it is changing politics,and it is easy to see being played out.
Detroits changing and responsible policies are putting it on firm ground for a stronger future while we see other cities are the ones bleeding population and starting their downside,they know it,if they did not then they would not be looking at the last resort of looking at penalizing the very people that brought them success in the first place.
Silicone Valley was based on hardware and the shift is to software and programming,no need for a 500,000 sqft warehouse manufacturing facilities,Japan already has that locked down.
Before the hurricanes Charlotte was in the same shape as Detroit 10 years ago,you could buy converted flop house downtown mansions for $25,000 that now are millions,when they got hit by the hurricane the fed money poured in and people then had the funds to rebuild,they did not have the money for transit etc to make it a desirable place to live.
Bookmarks