URBN PL 121 Lecture Notes - Lecture 1: Shrinking Cities, Economic Mobility, Built Environment
20 Apr 2020
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Document Summary
People don"t need to be in a specific location anymore to take advantage of the city. Cities that base their economies in manufacturing can be seen as shrinking. No , cities are still as important in the era of info and tech. Metropolitan area workers earn 34. 4% more than those living outside. Industries in denser (urban) areas are more productive. Benefit from diversity of skilled labor force and skill acumulation. Ny, la, chicago, washington, dallas, and houston account for almost trillion economy in the us. Gpa of us in the 10 largest metro areas exceeds 36 states. Cities important in terms of economic development. Doubling the size of city increases: income, wealth, patents, colleges, creative people, police officials, crime rates, aids, flu cases, waste (by ~15%) Urban centers growing while suburban areas slowly waning. La: trying to deal with lack of housing. Local policies much easier to shape compared to federal policies.
