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TopicNew York has fourth-highest household debt in US and it's getting worse
s0nicfan
09/23/22 12:44:07 PM
#13:


Questionmarktarius posted...
As soon as the buses run out to the suburbs, the old post-war 'burbs will become the new slums.
We're looking at a flip of the 50s-60s paradigm, where the well-off are fleeing to the cities, and the suburbs are becoming abandoned.

You're still thinking too local though. This isn't about extending the commute out from a city center. This is about recognizing that maybe your office doesn't have to be in Manhattan and you could have a satellite office in Ohio, or Arkansas, or Mississippi and get just as much done without paying the premium for the location.

Move the businesses, and that will move the people. Move the people, and that will move even more businesses into that area. That brings more money into the area, which means higher quality services, which will draw even more people.

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