The Urban Exodus and How Greatness Goes Bankrupt

The best-case scenario is those who love their “great city” will accept the daunting reality that even greatness can go bankrupt.

Two recent essays pin each end of the “urban exodus” spectrum. James Altucher’s sensationalized NYC Is Dead Forever, Here’s Why focuses on the technological improvements in bandwidth that enable digital-economy types to work from anywhere, and the destabilizing threat of rising crime. In his telling, both will drive an accelerating urban exodus over the long-term,.

https://www.oftwominds.com/blogsept20/urban-exodus9-20.html