The Reagan White House moved to lower tax rates for developers in the 1980s and then years of low interest rates glutted downtowns with office buildings. Time's up.
  • RememberTheApollo_@lemmy.world
    1·
    2 years ago

    Quite a lot. I didn’t want to make a pedantic and exhaustive list of economic causal factors, but buyers being outpriced in a nearby area forcing them to look at previously undesirable areas can certainly be a factor.

    • although8172English
      1·
      2 years ago

      Interesting, nah you’re good man. Not from the area nor a field anything about, just was curious