There is a further cascade of negative ripple effects. Without offices with people, there is little need for any support staff in a building. Less need for ancillary services like coffee shops, lunch/dinner restaurants, street vendors, convenience stores, even little need for bars.
It is the death of cities. I don’t have a dog or pony in the fight, so I really don’t have any reason to care. But for those service industry people who have been shut off, too bad, i guess.
I really believe the plan is to fill up the space with our
“visitors”from the south ... and the rest of the world.
Gov subsidized aliens, gov subsidized rent to the owners ... save the big boys and the banks.
Subsidized payments ... so our friends can spend money downtown ...save the small retail.
The infrastructure is there , ready to go. The citys need a way to get fed $$$ win win for everyone
well maybe not EVERYone .... but you know ...break some eggs and all that....
They are only reaping what most of them sowed. So much for democrats being *for the little guy*.
Considering that cities tend very much towards voting democrat, these are the consequences of the people's voting decisions.
They are only reaping what most of them sowed. So much for democrats being *for the little guy*.
Cities and mid-sized towns died when manufacturing was offshored. A service economy does not create wealth it offshores it.