The Rise of Work-From-Home Towns
https://www.bloomberg.com/opinion/articles/2020-08-27/scenic-towns-enjoy-boom-as-work-from-home-becomes-pandemic-norm
Related:
Affluence Killed New York, Not the Pandemic
https://www.theatlantic.com/ideas/archive/2020/08/who-new-york/615715/
Related:
Affluence Killed New York, Not the Pandemic
https://www.theatlantic.com/ideas/archive/2020/08/who-new-york/615715/
Kevin Baker notes:
“The more New York has allowed working people and
small businesses to be driven out of the city, the more it has come to depend
on the very wealthiest—people and firms with the wherewithal to move if they
don’t get the subsidy or tax break they demand.
New York never got over its beggar’s mentality from
the ’70s; even at peak affluence, it was still tossing huge, needless subsidies
to corporations and developers in exchange for fanciful promises of job
creation. The Hudson Yards development, for instance, cost New York $6 billion
in taxpayer subsidies. Yet more than 90 percent of the office workers there
were simply relocated from offices in Midtown Manhattan, just a few blocks away”.