Here’s what you’ll learn when you read this story:
- By studying population trends and forecasting models, researchers have come to believe that nearly 15,000 U.S. cities will face noticeable depopulation by 2100.
- Populated areas of the cities in question could experience a decline of up to 44 percent.
- Projections call for the biggest drops in city populations to occur in the Northeast and Midwest.
For people who don’t know this most cities are built upon the concept that they are constantly growing and receiving more taxes than the year before. It’s basically a Ponsi scheme. This works perfectly fine if there is always money coming in. When people and businesses leave the money stops coming in, then everything starts to fall apart quickly. Have you ever wondered why formerly prosperous places like Detroit and Gary went to absolute hell. It’s because they started to lose people and business. When the city cost more to operate than what is coming in from taxes, you become the murder capital of America.
www.strongtowns.org Strong Towns helped me understand this pattern, and more importantly, how to fix it