Submitted by mightyIllusion t3_zpr42b in baltimore
telmar25 t1_j0v5881 wrote
I think Baltimore City spends much too much time considering the needs (usually tax breaks) of large businesses and large developers, but very little time worrying about neighborhood level economies. There are very few large companies left in the city. But large business HQs in cities are also starting to become a thing of the past post-COVID. People don’t want to commute into downtown Baltimore and work in an office. But they also don’t want to trek into downtown Seattle or San Francisco (or even New York!) and work there either. These cities are hardly pictures of realty health right now, San Francisco office occupancy is something like 40%. The question is how to make Baltimore a more desirable place to live and a more economically productive place, and that starts by looking at economies at a neighborhood or even street by street level. Which start with residents and the businesses that serve and employ them.
Cheomesh t1_j0vvhvp wrote
> But large business HQs in cities are also starting to become a thing of the past post-COVID.
I think this is going to be the start of another, likely irreversible, era of urban flight like we saw in the 50s and 60s.
[deleted] t1_j0w5w32 wrote
[deleted]
TerranceBaggz t1_j0wjts9 wrote
I don’t think so. That was largely driven by the systemic destruction of public transit and the federal govt building sh*t tons of car first infrastructure. The younger generations aren’t big fans of cars in general and don’t get sucked into car culture like Boomers did.
Cheomesh t1_j0z03ah wrote
Time will tell. Millennials are in prime reproductive years and Gen Z is entering it - we'll see if they want that lawn mower culture.
TerranceBaggz t1_j1eprgm wrote
Wether they want it or not is irrelevant because for the vast majority of Millenials and Zoomers it isn’t attainable.
rmphys t1_j0xbw69 wrote
I think it will be flight from high CoL urban centers. Should actually be a boon for places like Baltimore. Becuase now people who want the job in Manhattan and the city life can do that job remotely in a cheaper city like Baltimore.
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