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.
That sounds great until I start thinking about how to make it happen in a country where so much of the political and economic power is controlled by interests that are actively hostile to anything that would improve the lives of normal people.
That sounds great until I start thinking about how to make it happen in a country where so much of the political and economic power is controlled by interests that are actively hostile to anything that would improve the lives of normal people.
Nobody said it was easy, but the alternative is give up and die. Personally, I’m too spiteful to accept that.