The housing crisis’ economic toll: The damaging ripple impact from a lack of affordable homes ...Middle East

NY Daily News - Opinion
source : NY Daily News ( Middle East ) () 52
A certain conventional wisdom has taken hold that New York and other big cities like San Francisco, which were hard-hit by the pandemic, are in danger of an “urban doom loop” in which hollowed out downtowns, falling tax receipts, flight of jobs and residents, and rising crime and homelessness spell a 1970s-style urban implosion.

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