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by krrrh 3648 days ago
To underscore your point a bit more, NYC's population actually declined from 7 to 8 million in the 1970s. I recall a poll done in the mid-eighties where more than half of New York City residents said they would move to a different city if they felt they could.

During this period artists and musicians took advantage of the cheap rent and renewed New York's status as cultural center, rebooting the gentrification process. The same thing was going on in Portland 15 years ago, where a lot of musicians and writers I knew at the time had insanely low rent, and incredible communities of like-minded people with a lot of free time. There may be other factors that contribute to why some cities take off this way and others don't, but the depression/rejuvenation cycle seems to have a momentum of its own.

1 comments

Day late typo: population declined from 8 to 7 million obviously.