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Re: NYC, as a lifelong resident I can concur with the assessment of the post-pandemic challenges as being relatively mild when compared to earlier decades. Remote work is a serious issue; conversion of empty commercial properties may help, as we have seen the transformation of the Financial District into a residential area.

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Very good, reasonable and balanced analysis. It’s also important to distinguish between the approx 8 “global” cities in the US and everywhere else. Their fates and issues are very different. My sense is for the next decade many second and third tier cities will do quite well, while the famous ones will suffer. But in the end, I’d never go long against NYC, Chicago, San Francisco, Seattle. As you said, they just have way too many unique assets that will always exceed their liabilities.

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Good thoughts. I agree with the importance of remaining engaged with reality, which tends to be more nuanced than the visions produced by echo chambers.

It's not always appreciated how broad-based the urban decline was during the 1960s-1990s crisis. For example, while Atlanta metro was booming during this period (growing around 30% per decade), the city itself was rotting and didn't surpass its 1970 peak until 2020(!) Lots of cities we think of as not exactly hollowed out or Rustbelt are nonetheless less populated than they were decades ago. Boston, Philadelphia, et al.

I recall being told by "experts" circa 2010 that the Millennials were showing a strong preference for the city and the Zoomers would double down on it, leading to a trend towards re-urbanization. That petered out. It turns out there is going to be a sustained push and pull -- cities have a unique appeal that will always enrapture some, but they also have unique problems. Cities aren't going away, but I doubt we're ever going back to the pre-1960s urbanism because the factors that made city life less desirable after that time aren't going away on a sustained, nationwide basis.

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A key issue seems to be: whether or not one has the means and resources to avoid having to take public transit. John McWhorter is far from a reactionary or alarmist, but his description of the NYC subway sounds quite alarming indeed:

"I can testify that these days, about once every week one can expect to be in a car with a person, almost always male, who is actively menacing other passengers... But the problem is that in seeking this negative attention, these men are often not plangent but furious. They walk up and down the subway car yelling into individual faces. They stomp. They ball their fists. They curse. These are not just troubled supplicants who occasionally get a little pushy. They are men who make you genuinely afraid that you are about to be assaulted. And in my experience these men are most likely to be directly confrontational with women.... Men in a state of potentially violent agitation are now so common on the subway that I am wary of having my daughters, ages 8 and 11, ride with me, especially after an incident when one such man singled us out and I had to quietly instruct my girls to keep their eyes down and not move."

https://www.nytimes.com/2023/05/09/opinion/jordan-neely-subway-death.html?unlocked_article_code=8n7Vf17S9dVeKaNF1KMeOE8ljdCY7mrBGhSq9CZ9xedbZwtZamq-Z_XNoZs5mN5PNJRvAyEsamJZPtFTA7g7pj_Xs0WAioB_ly9N8EV9UfI0JMozo3Vz1rDe7ITApdL7ViWvHz3XXsalp63M7pAgEQFFyWys0Kx8ljuLy-tf-zqaNXB9kvy2OOF9cchcKFw_ZXCZYm8R3QM8dORLhFgF1n05Akx7TFV_vipMGZKT6ZsDVJSudd5slKUGAHg6rEzLvZhLfGP2yb0PV-dl3Ri-ctWISRWyOO6I0JoIP87sXh7sWZpDZyfLpxtev4UrsUBBDiWG1M_f246f83HVQM3DfsAv&smid=url-share

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Broken windows theory plus loss of moral grounding and this is what you have. I think Aaron may underestimate the situation cities are facing and as people up and move away (those with means to do so) it will only worsen.

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I have little perspective as I am a country boy start to finish and have no desire to live in a city or even truly suburban setting. I like spread out neighborhoods. I do read and see news (mostly bad) about our cities and I can be drawn to the doom and gloom scenarios. So this is encouraging. I would love to see the inhabitants of said cities begin to vote smarter as this would benefit them as well the rest of the state and even nation in time.

I wonder if Aaron could comment to the fact that the urbanized areas seem to be perpetually voting for those that are not serious about crime and actually improving the living conditions of those that vote them into office? He probably has addressed this in past writings to some degree. But the urban/suburban "blue" voting phenomena is just unbelievable and I can't understand it.

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There are a couple of factors involved here. Lots of upper-middle class and professional people don't actually suffer the consequences of their actions. They live in the Uptown/Garden District section of town, which is heavily policed. Their kids go to expensive prep schools. Their politics are about cultural in-group signaling, because their wealth lets them float above any policy consequences.

For most folks, though, it's basic dependency and clientelism. Folks who rely on entitlements will continue to vote for entitlements. Those who work in the civil service will vote for policies to keep their jobs and increase their pay - see Bureaucratic Voter Theory. Those upward-strivers who want to become upper-middle class have to at least signal blue-tribe allegiance if they don't want to be frozen out of the halls of power. Good luck getting made partner in the law firm or getting that VP position if people know that you're an outspoken Christian or right-winger in a blue city. And if you want tenure at the city university - don't make me laugh.

And I think for a lot of people, it's easier to explain to themselves why they actually believe these things anyway than to have to process the fact that they've sold out their moral principles for membership in the upper-middle class and acceptance by the power-elites of the community.

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I appreciate and understand the answer, but to put it simply, it just does not compute. I guess I was just raised too differently. You do what is right because it is right and for no other reasons and that is in all areas of life to include political participation. This is why I believe a national divorce is coming.

Thank you Benjamin.

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I suppose it is possible that things in a big city could get so bad that the voters will react, and elect someone like Giuliani again. Otherwise, the bad governance issue will combine with the other factors to ruin the cities.

But you never want to extrapolate infinitely from the current situation in any human system where there is a feedback loop, where people can get fed up and change directions.

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