News@lemmy.world • 1 year ago

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

fortune.com

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

fortune.com

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News@lemmy.world • 1 year ago

173

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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