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by sitkack
3270 days ago
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Detroit died because US automanufacturing rapidly automated and stagnated at the same time, cutting a huge number of jobs. The city of Detroit had become addicted to the property taxes those jobs brought in, and never adjusted taxes to match the employment levels. People that owned their homes just picked up and left the city. While Seattle is tech heavy, esp in Cloud Computing, it does have diversification. |
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