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It's not just a tax problem. It also works out differently for the people who don't work at those tech companies. A downtown that houses mostly businesses that
by SwellJoe 10y ago
It's not just a tax problem. It also works out differently for the people who don't work at those tech companies. A downtown that houses mostly businesses that feed their employees will become less "porous" over time, and less amendable to people who live downtown vs. those who work downtown. A downtown without restaurants and bars and corner shops is not a downtown worth speaking of.
I spent several years living in Houston, which, at the time, had among the least pleasant downtowns I'd ever seen, or have seen since. It was completely bereft of good food, small shops, etc. There was no reason to go downtown unless you worked there, and no way to live there, and it showed. At night, it was a total dead zone; the fourth largest city in the nation, and its downtown population at night approached zero.