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We don't have to sympathize with rent-seekers necessarily, but I would wonder if the rest of the city can move as adaptively to wherever opportunity beckons, an
by threatofrain 6y ago
We don't have to sympathize with rent-seekers necessarily, but I would wonder if the rest of the city can move as adaptively to wherever opportunity beckons, and whether NY can downscale their city services accordingly.
- toomuchtodo 6y agoIt serves as a cautionary tale when your budget isn’t as agile as those who make up the tax base.
- iratewizard 6y agoIn a lot of ways, city infrastructure investment is a ponzi scheme with one layer of abstraction.