Don’t listen to the doom-mongers. Metropolises will continue to provide sanctuary to those who need it and bounce back better and more affordable than ever
Build a wall! That is my opinion. Build a big, beautiful wall around New York City and don’t let any of the rich people who have fled to other pastures return. Ditto the other metropolises out of which the well-heeled have hot-tailed. You abandon the city in its hour of need, you give up your right of return. It is 2022 and you want to watch the Hamilton follow-up on Broadway? Tough luck, buddy; stream it from the suburbs.
Think that is a touch dramatic? It is nothing compared with the histrionics of the worried wealthy. “NYC IS DEAD FOREVER,” wrote James Altucher, a former hedge fund manager, in a recent LinkedIn post. Altucher, as you may have guessed, is a big fan of capitalism; he reckons big business in the Big Apple is over. Having concluded that one of the most resilient places in the world is wrecked beyond repair, Altucher packed his bags and relocated his family to Miami. Yes, Miami: the city that is sinking into the sea.
Continue reading...from The Guardian https://ift.tt/31MWqjZ
