Urban doom loop explained #shorts

Good name for a band 😂

This system is a rapacious narcissistic one and it’s just going to end in us eating ourselves.

Property taxes are way to high.

He means democratic states and cities

The local governments will first increase the millage rate before they collapse but the end is the same. I'm curious what will happen nationally when we have a bunch of socialist run mini Venezuela's. Of course we'll have mass migration away from these cities and the socialist plague will spread and infest other cities but couple this with the national fiat currency collapsing...it should be an interesting ride.

I saw this whole episode yesterday. Excellent analysis.

Property taxes NEED TO FALL THEY ARE WAY TO HIGH!! When local gov take tax dollars and give it to big companies as a tax credit of millions or billions no one stands up!

If you think you cannot run it, you’re wrong. Wherever you go, it will follow. The only way to stop it is to acknowledge who’s making it happen. Look and see what political party controls the decisions of those big cities… it might give you a clue.

Urban area doom loop sounds better than consequences from having democratic party representatives control your city.

All these local governments need to do is stop spending half their revenue on cops, and they'll be just fine.

Land value tax so the property is updated and built on

Duh! You won't need as many Policeman Trashmen etc. If you have less people you also need less services. By the way cities just find new ways to tax people even if more people are leaving they want more money

Good. Work at home should be the rule. Why should we weep over the nobility and their wealth?! What weakness is among us!!

Gotta increase rent to make up for it - Landlords

Who wants tent cities?

Vote for Trump and hope will return

Good!! The greed has been too much after the pandemic and pre pandemic.

If commercial property wasn't such a joke you might get renters again. We're not paying your over priced mortgage payments anymore.

I do not feel bad, and will not feel bad about people who invested in property because this is the system of capitalism they place their beds, and they are lost. That’s how it works. The working class should not be forced to go back into offices to do a job that they can do it they’re home which they have been doing for more than three years now. Those people should take their investments, and convert them into something else.

It’s what happens when housing becomes unaffordable.
You created it, you can deal with it.

Defund the police, refuse to make the streets and subways safe for commuters, employers will take their businesses elsewhere. It's what you voted for. Now cope and seeth.

Theyre also loosing people due to political reasons. Many people are tired of the left pushing identity politics, open immigration and higher taxes.

Concrete jungles are in trouble. They have been in trouble

REMEMBER Covid and Those results from those individuals who started it

Make them into housing!!!

Good. I hope everyone is able to get out of these super overpriced crime ridden cities. If these companies pay the employees some of the money they save on the offices the I believe these cities would be better places to live

It could all be fixed over night. Tax the crap out of people sitting on land not in use to make them sell it to someone who will use it. Land as festering investments is strangling everyone to death.

Detroit is still in a doom loop unfortunately

HAHA You got what you voted for.
Urban Doom Loop.
I love it.

They’ll just continue to make upstate pay their way until everyone upstate leaves the state.

The joke is on us all. Big corporations already don't pay taxes as "incentives" to keep their headquarters whereever, and it is about time the police got budget cuts.

They will fall as greed and inflexible owners have caused their own demise

Maybe that might make the govt re shuffle their budget and take from places that have been taking from them not a bad thing.

Don't worry we'll adapt.

That’s what happened when you give the key to a wrong person in the name of “EQUITY”, instead of merit. Rich people can move wherever they want freely, poor people are stuck like a rat on a glue trap. Roman Empire fall in a similar fashion.

Urban doom loops happen because of white flight