The article says the private market cannot fix the city. I disagree. As citizens leave and property values collapse, voters will become engaged. One side effect

The article says the private market cannot fix the city. I disagree. As citizens leave and property values collapse, voters will become engaged. One side effect of becoming one of the richest cities on earth is that there has been no pressure to reform government whatsoever - all of its bad habits just scaled up as taxes increased. Politicians and those to which they hand out jobs have enriched themselves beyond any municipal bureaucracy perhaps in history. If things actually turn, I believe the residents will vote in people that actually solve things, as finally their own wealth will be impacted.