Plain English with Derek Thompson
How American Cities Can Avoid the ‘Urban Doom Loop’
Tue, 18 Apr 2023
Today’s episode is about the future of the American city. Many downtowns are "wounded renditions of their once-robust selves." Offices are empty. Commercial real estate is losing value, pulling down municipal tax revenue. Fewer commuters means less transit revenue. Fewer downtown shoppers means less downtown employment. This has led some economists to worry about an "urban doom loop." Dror Poleg, an author and adviser who writes about the future of cities, talks about the knock-on effects of urban change on finance, work, real estate, and technology. Host: Derek Thompson Guest: Dror Poleg Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices
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