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Old 09-22-2020, 10:11 AM
 
7,072 posts, read 9,538,415 times
Reputation: 4531

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Quote:
Originally Posted by _Buster View Post
It might take a couple of decades for Manhattan
Same with Detroit
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Old 09-22-2020, 01:44 PM
 
Location: OC
12,734 posts, read 9,363,481 times
Reputation: 10524
Quote:
Originally Posted by Mutiny77 View Post
Well when you already feel stuck at the bottom with little to nothing to lose, that doesn't mean anything.
Yep, may as well wreck everyone else's life if yours isn't going well, small businesses be damned. That's what insurance is for right?
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Old 09-22-2020, 02:08 PM
 
Location: 'greater' Buffalo, NY
5,342 posts, read 3,823,564 times
Reputation: 7264
Quote:
Originally Posted by Mutiny77 View Post
Well when you already feel stuck at the bottom with little to nothing to lose, that doesn't mean anything.
Yeah, exactly--why should people care about an economy in which they have little to no role, as either merchant or consumer. I can understand the desire to watch it all burn, if not to do the burning oneself.
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Old 09-22-2020, 02:09 PM
 
Location: 'greater' Buffalo, NY
5,342 posts, read 3,823,564 times
Reputation: 7264
Quote:
Originally Posted by creeksitter View Post
Recent vandalism and covid shutdowns got nothing on Urban Renewal from the 50s and 60s.
We'd need a vaccine's arrival to be delayed by about a decade from projections in order for it to be comparable.
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Old 09-22-2020, 02:15 PM
 
Location: 'greater' Buffalo, NY
5,342 posts, read 3,823,564 times
Reputation: 7264
Quote:
Originally Posted by ram2 View Post
Same with Detroit
It's already taken five decades for Detroit.
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Old 09-22-2020, 02:23 PM
 
7,072 posts, read 9,538,415 times
Reputation: 4531
Quote:
Originally Posted by Matt Marcinkiewicz View Post
It's already taken five decades for Detroit.
And still the city loses population.
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Old 09-22-2020, 03:06 PM
 
Location: Louisville
5,248 posts, read 5,960,240 times
Reputation: 9505
Quote:
Originally Posted by Matt Marcinkiewicz View Post
It's already taken five decades for Detroit.
Yeah technically one could argue that Detroit never recovered from the 1967 12th St. riots.
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Old 09-22-2020, 03:33 PM
 
Location: New Orleans
473 posts, read 335,670 times
Reputation: 663
Not gonna read through all the politics etc., NOLA has been hit hard- economy is really struggling here. We also had a high death count from COVID early on- our healthcare system isn't great to begin with and really took a hit.
I've heard from friends and family back home that Memphis' downtown is doing okay, all things considered, but not great.
Regardless of folks' views on the politics of the matter, hopefully this stuff lightens up soon; between disease, police issues, and shattering of the econ, etc., it hasn't been a great year...
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Old 09-22-2020, 07:27 PM
 
Location: Atlanta
9,818 posts, read 7,823,685 times
Reputation: 9980
Quote:
Originally Posted by shinestx View Post
I've seen their damage up close in Atlanta, Chicago and St. Louis. Pertinent to this thread it's already totaling more than $1.5B and counting.
I'm really curious as to what damage you've seen in Atlanta. Please provide details.
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Old 09-22-2020, 07:30 PM
 
Location: Los Angeles, CA
4,991 posts, read 5,911,780 times
Reputation: 4313
Quote:
Originally Posted by jjbradleynyc View Post
Has anyone been to LA or Chicago recently? How are the downtown cores in those cities doing--I'd be curious.
I live in downtown Los Angeles and back in June and even into July we had multiple, daily protests. The initial ones ended up with bad behavior with lots of businesses broken into. For a couple of weeks almost everything was closed after 5pm, if not completely. But now the majority of retail and restaurants have reopened, although most are still boarded up (and open) in case of more unrest. Quite a few restaurants are closed and many of them may be closed permanently.

Overall I think that we're 70-80% of what we were pre-covid. Bars, clubs and some restaurants suffered, but many other businesses, including retail, appear to be doing normal levels of business. It has to help that downtown LA has never been the job center that many of it's peer cities are. We're not midtown Manhattan, The Loop, or even Seattle. Our office workers haven't come back either, but they aren't as critical as they would be in most cities. We couldn't haven't lost as many businesses as those places because they weren't here to lose given our lower employment. Also perhaps having more residents at home has made up for fewer office workers? Not sure.
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