America’s Downtown Ghost Towns
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The Doon Loop: The Effects of Downtown Commercial Assets on City Taxes and Revenues
There is a scenario where empty offices lead to a cascade of negative consequences for cities and the people who live in them. I think you are seeing situations in which declining revenues are being met by cities and transit agencies in particular deciding that they need to cut back service. And as those services get cut, downtown will become still a less attractive place to do business and revenues will fall further. That sounds scary. Is it likely to happen? On a small scale, it is happening.
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