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News@lemmy.world · 1 year ago

Downtowns are dead, dying or on life support, says expert with over 50 years of researching urban policy

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Downtowns are dead, dying or on life support, says expert with over 50 years of researching urban policy

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News@lemmy.world · 1 year ago

The Reagan White House moved to lower tax rates for developers in the 1980s and then years of low interest rates glutted downtowns with office buildings. Time's up.

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1 year ago

Decades of rebuilding downtowns to accommodate vehicle traffic and commuters is the problem.

More like “demolishing” than “rebuilding,” but otherwise you’re spot-on!

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