The Collapse of American Cities Has Started. And Yours Is Next
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- Опубліковано 20 сер 2020
- This is the San Fransisco Bay Area. It has been one of the biggest economic HUB’s of the world for the last 50 years. In fact, if this region of just 18,000 square kilometres...were to be its own country...it would have the 19th largest economy in the world...ahead of countries like switzerland, taiwan, sweden, belgium, and the United Arab Emirates.
The bay area has been one of the fastest growing regions in the united states for nearly half a century...but then something changed
In fact, the Bay area, along with many other cities around the world, are going through drastic times that could spell the end of cities as we know them…
The year is 1957. A nobel prize winner named William shockley had recently moved to mountain view california and started a company called the ‘Shockley Semiconductor Company’. You see, he had come up with an idea to build transistors out of Silicon instead of Germanium, which was a revolutionary idea for at the time.
So, the Shockley semiconductor company began making the first modern day transistors that would go on to be used in every computer for the rest of the 20th century.
But there was some trouble. William Shockley rubbed a lot of his employees the wrong way... So 8 of his employees left the company, and went on to start their own semiconductor company in the area, called Fairchild Semiconductor...which was based around the same technology that william shockley invented.
For years afterwards, employees from Fairchild Semiconductor and Bell Labs, continued to innovate in northern california, by inventing the integrated circuit and eventually the microprocessor in 1964.
And it was after this invention that the world as we know it, and the bay area, would change forever.
After the invention of the microprocessor, Tech companies started popping up left and right, around the same area in Northern California.
For example, Intel and AMD were two of the first multi billionaire dollar tech companies to be founded in what is now known as silicon valley.
Then... two twenty something guys in the area named Steve Wozniak and Steve Jobs, heard about this new chip technology...and started to use these chips in something that they called the ‘Apple 1’.
And after their startup company called Apple, generated an IPO value of $1.3 Billion dollars, and after seeing the success of the now dozens of massive semiconductor companies in the Bay Area…
Venture capital and tech companies began spreading throughout the area in hopes that their startup tech adventure could become the next intel or Apple.
And what followed was one of the craziest economic experiments in history...as every city within silicon valley soon had multiple billion dollar tech companies calling their city, home.
For example,
ORacle was founded in 1977 in Santa Clara,
Seagate was founded in 1979 in Cupertino,
Adobe was founded in 1982 in Mountain View,
Autodesk was founded in 1982 in Mill Valley,
Cisco was founded in San FRanscisco in 1984,
Mcafee was founded in 1987 in Santa Clara,
And dozens of other companies were founded in the late 70s and 80s that are currently worth billions of dollars to this day.
And keep in mind that these companies were all located within about 150 kilometres of eachother.
And the result of this economic and technological explosion in the area, would go on to change the city forever.
You see, as these startup companies like apple and cisco grew, they needed to hire more people and pay them well for their highly skilled labour.
So, the bay area in the 1980s saw a massive increase to its average income. But because of the rapid increase in income, and a lack of supply of things like residential housing and commercial spaces, the cost of living shot through the roof.
In fact from 1984 to 1990, the median housing cost increased by just under 150%...
And this trend was far from over.
Because the 1990’s issued a new age of tech companies called ‘internet companies’
So in 1995, Ebay and craigslist were founded in the area,
PAypal was founded in San Jose in 1998
Google was founded in 1998 in Menlo PArk,
Facebook would begin its operations in menlo park in 2004, And a litany of others like tesla, UBer, and Twitter, have been founded in the area since then.
Transcript too long. End here
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Podcast:
"The Collapse of American Cities Has Started. And Yours Is Next"
Me who doesn't live in a city and isn't American: "I'm 4 parallel universes ahead of you."
Hmmmmm....honey, do you remember where we put the painting of Arminius after the Teutorburg thing, that your great grand mom gave us, remember its in the sea trunk with her Luger. I think we might need them both. their saying its Rome all over again. ? neolithic farmer rgw/73
@@nancybarnes29 lol. The fact that I understood what you were talking about proves that I have no life.
@@nancybarnes29 could you explain me? Please
Space jesus
Legend
The circle of city life: San Francisco becomes too expensive - many tech companies relocate to Austin/Texas - Austin becomes more expensive till it is too expensive - ...
Agreed, and where is the next city to invest in?
@@RnWSolutions Are you seriously think you will be faster than the market sharks?
This is what I keep telling friends and people who are coming from Cali complaining about "Democrat laws/high taxes" ruined Cali, Im like no its Silicon Valley and a lack of Housing that did Cali in, and its happening to Texas because we're letting Silicon Valley in.
@@jrpone Keeping Silicon Valley from established cities would protect people, but the politicians will never let it happen.
@@jrpone liberal politics continue to ruin Cali, they have lost billions in 1 year of shutdowns from the MLB playoffs moved to TX last year and all the conventions moved. Now the same libs that moved to Austin are destroying that city, its a homeless mess with the same lockdowns and mask requirements despite TX attorney General skiing them to open up.
This is a good summary, but I am definitely in the camp that this is a "blip." Cities have had pandemics before, and they will have them again. This seems more like a correction to the overinflated market of NYC and SF, rather than a general trend overall. Especially in the case of SF, there simply hasn't been enough new housing built, due to outdated zoning regulations. And that scarcity has allowed people to treat the housing market like the stock market. That's not representative of the rest of the country.
Furthermore, when businesses, theaters, restaurants, and bars open up again, there will be demand again for cities and walkable places. People will remember why that small house or condo in the city is worth more than the suburban McMansion: location, location, and ... I forget the 3rd but it's important too.
And those people who work from home 100% of the time are going to be in for a shock in the long-term: if you can do the job from Boise, then somebody else can do the job cheaper in Bangkok. I was a tech executive for years, and there is no doubt in my mind that a whole bunch of these "white collar" workers are going to find their "knowledge work" outsourced way faster than they think. For example, many people in Taiwan are smart as hell, and many of the Taiwanese people who worked for me did a way better job than the people in the US who were getting paid twice as much. If we didn't "need" those people to physically be in the US office, their jobs would've been moved to in Taiwan in a heartbeat.
Just the large numbers of homeless ppl camping out on the streets & the high crime rate are enough to deter me from visiting SF, let alone living there.
Yup! Young people will not live in the suburbs. Once they can go out again and party, socialize, eat, etc... again the cities will be back. And, where young people go the innovative companies go. That's when rich people move in. If you don't think NOW is the best time to buy property in major cities you aren't reading the historical signs and 5-10 years from now you'll be one of those "I could have bought during the pandemic - now it's 60 times more!" You ca bet the politicians are buying up a whole bunch during this artificial correction. Humans are resilient and predictable.
The pandemic is not causing problems, it is the authoritarian overreaction in response that is doing 90% of the harm. That plus the insanity of "progressive" ideology that is causing society to crumble and flight out of the unsafe cities.
@@PaintedCavern Flight out of cities has been happening since the 1940's when civil rights activists began pushing harder for neighborhood integration. Thousands, even hundreds of thousands, of white people up and left cities between 1940 and today. Society has not crumbled despite cities having lost significant portions of their population.
@@benbird2100 @ben bird I wasn't suggesting that society is crumbling because the cities are losing population. I meant that civility, decency, and justice are diminishing, and common sense seems to have disappeared. Until 2020 long term the trend has been more urbanization not less. In 1970 US had 73% in cities, and in 2019 it was 82%. My point was that progressive policies have contributed to the decline of livability in cities, which the lock downs exasperated. The pandemic alone did nothing, it was the irrational government policies which people are trying to escape.
Shockley rubbed his employees the wrong way. TRANSLATION: His employees stole his idea and started their own companies.
"The collapse of American cities has started" Me, a Detroiter: first time?
However, all the Midwest states have the greatest comeback potential. Minnesota having Foxconn built a new plant, Cadillac moving its headquarters back to Detroit and Dan Gilbert rebuilding Detroit downtown, Cleveland, OH receiving new North American Headquarters of London Stock Exchange and Sherwin Williams building new a Cleveland headquarters. By the way... London Stock Exchange is the 3rd biggest enterprise in the world behind New York Stock Exchange and NASDAQ with over $4.5 trillion dollar market cap.
Like I stated, California and New York are in trouble from climate change and everything is way too expensive.
Just announced Oracle and Tesla is moving to Austin, Texas.
@@Kemet3.0 They have been saying these same things about small cities for over a century and they never pan out just like they wont this time. Small cities are just that, small and meaningless dumps.
@Naylor Broughton damn
Are you black?
Heh, I made the same sort of comment before I saw yours!
any city whose backbone is built upon tourism is surely the most severely affect in 2020
Mine 🇯🇲😔
I’m watching Vegas.
Definitely
I’m hoping for a $325 bedroom in Asheville, North Carolina, soon, a city with literally no jobs except doctor, bartender, and rafting instructor.
San Antonio lmao
And he didn't mention that much of San Fran is an open sewer of homelessness.
what major city isn't?
@@birdseye2239 - A good portion of cities that _aren't_ San Francisco.
@@crazyrabbits I've lived in 3 of the 4 major cities on the west coast and have visited New York multiple times. Homeless are everywhere
@@birdseye2239 the question is -- how many per square meter.
I went to San Francisco, everything outside the major parts is just depressing.
Good post, Jack! When you mentioned how history teaches us, there is no greater lesson than the market crash of '29. The cities suffered greatly, while the farmers, Amish, Mennonites and Quakers were virtually unaffected. They had all their life-support in place: food, water & shelter. And with moral, decent neighbors the bartering of goods was common.
But here's the clincher, brother Jack: What we see in the character of men today is nothing like the character of men in the 30's. This, in union with cities keeping only small stockpiles of goods will not fare well for the average American. Mob mentality is most bitter and cruel. Just look at war.
"Life can only be understood backwards; but must be lived forwards." Soren Kierkegaard
Awesome
søren kirkegaard*
Dam
Forwards lived be must but.
@@bronzieboy Søren Kierkegaard
If the trend toward remote working continues and becomes permanent, employment competition will soon be between you and virtually anyone else on the planet with a good Internet connection. If you think wages are "too low" now, just wait a bit.
i acually think it could be opposite, plus many people still need to up their skill level to go into this new decade (Era/Age) Also who knows when the rest of the world will actually allow Americans in?
Already happening in Engineering, Accounting and Law anything that can be done on software. Even xrays checking and marking of assignments are outsourced to the third world. I see such a massive reaction and bloodletting it makes the French revolution and the Bolsheviks look a children's teddy bear picnic. The hatred and distain towards the elite and towards the ruling dictatorial classes will be at rage levels. And always remember 24 hours without power and we are back in the stone age. This will happen once the people have nothing at all to lose and it could happen very quickly if triggered by the right event.
Not all jobs can be done remotely, in fact very few can be done at home. Even if there is jobs that can be done at home, most people still wanted to go to the office. Many of my office mates doesnt want to work at home, because it is not conducive, they tends to get lazy. Also, maybe you can work at home and communicate online and so on. But I think communications works best and becomes clearer when you have face to face conversations. And last but not least. Do people really want to sit at home 24/7? I dont know about you. But if I have to work at home, eat at home, sleep at home, etc. I will go crazy. i think this whole work at home buzz is over exaggerated.
Right..or God forbid something happens to the internet...😳😳😂😂
@@woodliceworm4565 dude that comment gave me goosebumps...😯😯😯
I once toured around the the US, and the one thing i will always take from that visit, was just how deserted many of these middle America towns and cities where. You could walk through a town and never see a single person, all the shops shut. This was actually back in spring 2000. This was middle America and I was really shocked at how many towns and cities we went through that seemed like ghost towns as if everyone had uprooted and moved to another town or city. That part of America where the so called American dream was still alive and well, had no one even living in it.
April 2020 was the first lockdown for covid. Almost everywhere was a ghost town
"The collapse of American cities has started. And yours ist next."
Me, from Germany: Interesting.
Merica Is everything and everyone. All hail biden
Me in Africa : This is going to be fun to watch.
Formerly known as Germany.
Currently, New Middle East...
Why..?
Cause guilt..
Keep laughing..👍🏼
@Per Jeronie
Yup, USA is the only country to overly flex it's military might...ummmhmmm👀
Also....
Happy Chanukah.
@Per Jeronie Trump was ending that stuff. One of the good things about his presidency was an end to the useless "practice" wars that only served to enrich defense contractors.
What I like about your channel is that you can talk about things declining and changing without sounding like a doomsday prophet. Your very nuance and measured and Im glad your channel is doing well
@Kassim Baba Jack Chapple is the Satan as he doesn't sound Sorry and Worried about the declining world financial and economical situation and the current Covid19 Pandemic and its lockdown effects on humanity both financially and psychologically - If he was a pure human with a pure good heart he definitely would have had sounded like a DOOMSDAY PROPHET like EPIC ECONOMIST.
@Kassim Baba 😀
He didnt pick a side for sure. Which is what everyone does now.
The future of humanity is slavery. Can't everyone see it coming?
@@tenminutetokyo2643 It has always been that in one way or another.
Why bother paying to live like a peasant when if you just moved you could live like a king? Especially if your job is wherever your computer is.
Before the recent virus crisis about 2 years ago our prime minister was giving a speech in which he praised the working people as those who got up early in the morning for the long trip to work....note he did not say their work was hard or onerous, laws and regulations governing safety, bullying and physical limits to what employer could do to employees have largely made the actual work relatively easy and burden-free. What he was at pains to point out was that it was now the daily trip to and from work that consumed most of peoples time and energy and wore them out more than their actual work. The recent virus crisis and the increase in people working from home has shown a lot of people that this new way is better, no onerous and physically demanding commutes, no office politics and bitterness, no need even to dress up in compulsory corporate wear unless you are on video conferencing. Many people are now ditching urban housing in favour of rural housing because of this new-found freedom. Many rural communities have open offices which can be rented by the hour so that remote workers can have access to printers, secretarial services, fast internet, meeting rooms etc. These are not owned by a single company but shared by anyone who needs to use it. Many companies are ditching dedicated buildings and office spaces in favour of generic shared office spaces hired by the hour as needed. My wifes office building has been reduced in number of occupants to 1/3 of the original pre-covid amount to allow for social distancing. 2 of my daughters flat mates now work from their rural homes, giving up their city appartments as no longer needed. Many of the neighbouring units are empty due to reduced demand.
Not everybody can afford to leave, not everyone wants to leave their neighborhood. Most want to make it livable otherwise it will just be richer tech people and nobody else. Not a very stable economy and COVID is finally exposing how shitty this inequality is.
Exactly. That's what I did before I amassed my wealth with trading. I just moved to a different country and stayed there to build. And now I can be anywhere and live well. Never would stay in super expensive places until I have over 500 million in liquid money though. Seems too dumb to pay 3600+ for rent. I'd rather drive there or be in a hotel for that if I pay that much
Bro, the peasants live better than many citicens.
Exactly. The problem is that many employers are still unable to realize this fact that it is beneficial for the employee. And if employee can increase quality of his life on his own, then he can also deliver better results at work which is eventually beneficial for the employer as well. And if I can deliver results at work no matter where I am, I do not see a point to be put into cubicle and made to live in an big expensive city.
"The rest of the 20th and 21st century"
I don't know man, we still have 79 years left in this century. We might replace the silicon semiconductor by the end of it.
It feels like the 1950's again. A brand new shift in the cities. People move to the Suburbs, and new cities rise and fall. A shift from California to the South in this case.
I don’t think the climate crisis is going to allow that to happen
"There is no greater misfortune than greed.
"
- Lao Tzu
poverty
Excessive pride is the number one misfortune. Reality will kick you in the balls eventually.
Millions of workers are losing their job but the stock market is celebrating. Everyone is betting on next stimulus package. Stimulus literally mean print trillions of dollars and spent it. Can the future of U.S. economy rely on printing free money?
@Huawei is a criminal organization. What do you think was the motivation for outsourcing to China that helped make companies like Huawei what they are today? the greed of USA's 1% who preferred using a police state to manufacture their goods and increase their profit margins, rather than pay workers in the United States a decent wage. The USA vs. China conflict is the greatest self own in human history. The idea that outsourcing manufacturing to another country, they wouldn't somehow figure out how to do what you do, is hilarious.
@Huawei is a criminal organization. Falungonger, your boss is dead.
San Francisco: 1.65 million USD for a detached house
Hong Kong: Gotta pump those numbers up, those are rookie numbers in this racket
Certain districts of NYC has SFC beat too. London too.
hyme town
1 USD = 7.75. Average home in Hong Kong, HK$5.4 M. So Hong Kong average price in USD is $700k. So. Closer to Sacramento costs.
@@jmitterii2 -- True, but why don't you talk about certain districts in SFC like Pacific Heights or the Financial District compared to NYC district. You should also mention other parts of San Francisco Bay Area like Atherton, Hillsborough, Los Altos Hills, and Palo Alto compare to NYC districts.
@Jeremy Wong -- Totally agree with your statement. With the cost in Hong Kong to buy a property, I would choose to live in San Francisco Bay Area. San Francisco Bay Area has better weather, air quality, job prospects, smarter people, nicer people as well. I'm Cantonese and my relatives are Hong Kong people.
I lived in San Francisco from 1985 - 1994. In 1988 I bought a house for $204,000, sold it for $259,000 when I moved away in 1994. In 2014 that house sold for $800,000, & is now valued by Zillow at $1,268,000.
Wake me up when the bubble go boom.
Don't underestimate the need of water.
Not only in America... you’re just ahead of most places I have a feeling that this will be huge going forward...
Nope. The bigger you are the bigger the fall. Americas sorrow will be watched throught the world. The rest of the world was always living in sorrow. Babyon america was living and sits as queen and sees no sorrow. Not any more america. Its over
Marcelo Guzman ok
@@marcmanmg haha ypu realize your the mexican trying to jump the border of course you would say that
@kshiftkometh rumors only
@kshiftkometh america is not claiming to be a christian anymore. Who and where in america is claiming to be a cheistian. Republicans?yes some but secular humanism is americas religion. It has been for some time.
North Central Ohio saw this movie in the 80’s! It was called ‘Death of the Auto Industry’.
I hear you, but ironically, we're building more vehicles in the US now, than at any point in history, with 1/3rd of the people needed during the 80's. Not because of outsourcing, but because of efficiency gains and automation. If nothing else, the video shows that the only constant in this world is change, and to survive, we need to learn to adapt or we'll get left behind.
I'm from Southwest Ohio (Dayton) and it's a shame what the Baby Bommers did to manufacturing in Ohio. When my parents graduated in the early 70's GM with their high wages, pensions, and healtrhcare were availaible to anyone with a heartbeat. When my generation was old enough for a job, there were none left...Really sad and the Bommers feel no remorse!
@@MrKAHutch The only thing that most baby boomers did wrong was to make it too easy for their children. Please note the spelling, and by the way, your handle appears to oxymoronic.
@@rickielarson4069 Please post a picture of your lady doing lunges. Now, as for Ohio we were crippled by the Boomers and their pensions and entitlements. Read it and weap:www.washingtonpost.com/posteverything/wp/2015/11/05/baby-boomers-are-whats-wrong-with-americas-economy/
@@MrKAHutch I see you took the bait they fed you.You can blame it on the boomers but not the ones you are referring to;wall street and the corporation seized control and shipped jobs to cheapest countries.Promising the prices would come down...They did for a bit now you can pay hundreds of dollars for a pair of running shoes made by workers earning under a dollar an hour. The corporations now pit state against state country against country to bid for jobs and have the taxpayer even pay for it.
When age fell upon the world, and wonder went out of the minds of men; when grey cities reared to smoky skies tall towers grim and ugly, in whose shadow none might dream of the sun or of spring’s flowering meads; when learning stripped earth of her mantle of beauty, and poets sang no more save of twisted phantoms seen with bleared and inward-looking eyes; when these things had come to pass, and childish hopes had gone away forever, there was a man who travelled out of life on a quest into the spaces whither the world’s dreams had fled.
Of the name and abode of this man but little is written, for they were of the waking world only; yet it is said that both were obscure. It is enough to know that he dwelt in a city of high walls where sterile twilight reigned, and that he toiled all day among shadow and turmoil, coming home at evening to a room whose one window opened not on the fields and groves but on a dim court where other windows stared in dull despair. From that casement one might see only walls and windows, except sometimes when one leaned far out and peered aloft at the small stars that passed. And because mere walls and windows must soon drive to madness a man who dreams and reads much, the dweller in that room used night after night to lean out and peer aloft to glimpse some fragment of things beyond the waking world and the greyness of tall cities. After years he began to call the slow-sailing stars by name, and to follow them in fancy when they glided regretfully out of sight; till at length his vision opened to many secret vistas whose existence no common eye suspects. And one night a mighty gulf was bridged, and the dream-haunted skies swelled down to the lonely watcher’s window to merge with the close air of his room and make him a part of their fabulous wonder.
There came to that room wild streams of violet midnight glittering with dust of gold; vortices of dust and fire, swirling out of the ultimate spaces and heavy with perfumes from beyond the worlds. Opiate oceans poured there, litten by suns that the eye may never behold and having in their whirlpools strange dolphins and sea-nymphs of unrememberable deeps. Noiseless infinity eddied around the dreamer and wafted him away without even touching the body that leaned stiffly from the lonely window; and for days not counted in men’s calendars the tides of far spheres bare him gently to join the dreams for which he longed; the dreams that men have lost. And in the course of many cycles they tenderly left him sleeping on a green sunrise shore; a green shore fragrant with lotus-blossoms and starred by red camalotes.
"And Yours Is Next"
Me (an Australian): guess another city is gonna get chewed up by Sydney's urban sprawl
You don't need real estate
"The rumors of my death have been greatly exaggerated." -Mark Twain.
The Crazy is Real on this ZOO called EARTH
Not in the case of many cities...at least not until you get the insane mayors, DAs, etc. out that will let rioters, criminals, drug addicts, etc. ruin them.
I think we might be on our way back to cities as nation states. Constantinople, Venice, etc
Barbara Johnson interesting idea! I actually haven’t thought of that. Now that’s a big what if
@@barbarajohnson1442 dystopias is what we're getting!
People are moving to Reno, Nevada in droves from the bay area, the lack of taxes is very refreshing
And yet they still vote for the same policies that drove them out of the Bay Area
@@muj3595 yeah people are idiots, what can I say
@@muj3595 or they could leave because they are tired of traffic. As LA and bay area has the worst traffic in the US. So there is no reason to stay because more and more tech jobs are remote/have the option of being remote.
They are like locust , they turn your citys and towns into the very thing they left behind, Parasites kill their host.
The high taxes are for basic social needs that the cities provide. Cities won't decline but will grow
Dang this was a really well put together vid! Glad this was in my recommendations
Everything that he says in this video has happened in Detroit and on smaller levels to Gary, IN and Flint and we haven't learned how to avoid it in 50 years since those cities began their declines.
You cant avoid crash. You can only avoid rubble of crashing industrial center on a personal level. Someone will get hurt anyway.
Its due to the industry decline. Nothing to do with the city life as he claims
Detroits coming back now
The cost of houses and rentals are so over priced. The prices just can't keep going up forever. It's all gonna come crashing down sooner or later.
school teachers refuse to teach but still insist on being paid. If an idiot box is now the education application, then why do I need to pay a human?
Will crash at Armageddon only be ready
PROSPERITY
BONANZA
Hong kong is even worse!! what a shame....
@@turboredcart idk, it sounds like you're not one so why should you?
The sad part is during the boom times these cities took on debt, so when things go bad they are going to be real bad
the sad part is that they allowed the tech industry to replace American workers with foreign workers on work visas. That completely changed the nature of the electorate, as more Americans are pushed out, to be replaced by non-voting residents whose livelihood depends solely on the company which sponsored their visas.
Just look at the national debt clock, with all the related debts, to see the enormity of debt. Furthermore, many other debts, like social security, Medicare, are not even on the official balance sheets.
@@teriekwilliams2828 hey, your name looks familiar, do you watch BL Ranch, Fieldcraft Survival, or something similar? Maybe it was here, idk lol... Just had to ask 😄
The only thing is these cities make large debt and use all the peasants to pay for it all. All that tower spending is going to shit on those politicians.
@@Redhunt86 government caused that. You think those companies wanna pay energy costs to ship stuff back here? It's too expensive and regulated to do business here, that's why they leave.
13:57 "ppl will return when the virus is under control, likely 2021" - aged like milk
Absolutley love your videos!!!
They filmed from above so you can't see the homelessness and the stinch of piss !
Your assessment tops mine. I don't see it and haven't installed the smellovision app.
Sounds like Paris, France - lol
@@StoryGordon 😁😁😁😅😅😂😂😂😂😂
You would know because?
@@fernandoalvarez9613 I was homeless for 6 months !!!
I’ve been saying for years that cities as we know them currently only exist based on the inertia caused by everything being there because that was once economically necessary.
Cities are more than economic hubs. They are cultural and social hubs. Humans are inherently social and gravitate towards settlements. Logic.
True. But I think this downward trend will only be in a few countries. A lot of countries still don’t have nationwide electrical grids, so cities are still necessary.
serendipidus1 I appreciate the consistency with which you spell “restaurant.”
NY state taxes and property taxes are ridiculous too. Ain't nobody got time for that.
"and yours is next"
*laughs in europeen
I wish people over here in the US embraced urban areas the way that europeans do. Suburban sprawl is so cultureless and inefficient, quality of life here is going to go down greatly in my lifetime I'm afraid.
'Seattle hasn't experienced these same problems'??? Jack, did you just come out of a coma?
My mom and I were like, uhhhh Seattle has problems... people are definitely setting it down and backing away.
Dude you can't even rent a Uhaul in Seattle right now. Everyone is like peace CHAZ/CHOP was cool but im going back to Iowa
Median home price in Seattle is over $700k so families are competing for the limited supply of low end undesirable homes which are now around $700k on average thanks to bidding wars.. so basically if you want a home to live in, don’t come here. I’m trying to get a job elsewhere right now.
Trump is Seattle's President Too M.A.G.A
1, 000, 000 for a fixer in a so so neighborhood.
I’m sorry, but this isn’t as bad as people make it out to be. The SanFran, NY and other markets were long overdue for a correction. SanFran rents are almost $4,000 a month for a one bedroom. It was unsustainable to begin with. Even if rents drop 50%, that’s still $2,000 a month. Victoria’s Secret was spending almost $12 million a year just in rent for their store in Manhattan. If anything, this will push the cities to turn back towards to making them a place for more average people and not the elite and wealthy playgrounds. Cities are the first to evolve with the world. Look at all the great world cities. They’ve all been written off and have come back. They all come back in different ways because they adapt. Quite a few people may leave but they will be replaced with others. People who are hoping cities become ghost towns don’t understand economics at all and the central role cities play in the economy of every country on the planet.
Agreed. I don't wish failure on anyone, but I must acknowledge that it makes absolutely no sense to live in a city where 1 bedroom costs 4k per month when my current city(and home city) of Wichita does the same for 1/5 the cost, downtown, all expenses paid!
I think things may be a little different because of the web. I think the city was a very 20 th century development. But l think the west may have to many big cities with declining population you may only need 2 or 3 big cities not dozens.
Great comment until your assumptions about people's understanding of economics. That was not an emotionally intelligent comment to write. You want to be able to look a person in the eye when you tell them they're dumb.
Then why are people leaving?
will rents drop by 50%? or house prices 50%? dreaming.
In the mid-80s, when modem speeds were barely 1200kbs, I was predicting the shrinking off the cities as more and more people, and their employers, discovered they could work remotely. Not just from home, which has its own problems. Yet I never expected it to take FORTY YEARS!
Forty years to embrace one of the most incredible work innovations in history. That is so sad.
I live in Bilbao (Basque Country) and I don't imagine myself living out of mi city. i feel attached to it, my memories lie here, .... this is simply the place I belong too. And I think that, at least in Europe, that feeling is very usual.
an awful lot of good to be said for a sense of "place". continuium of life, flow of seasons, memories good and bad. was better when many people had relatives in the countryside they could visit. not the same reflections in the backround of the mirrors you see yourself in sometimes. neolithic farmer/73/rgw
But if they leave San Fran, they won't get to dodge shit and needles on their sidewalks, why would anyone want to leave all that fun?
Yes I guess liberals like dodging needles on the sidewalk
Hopscotch on 💩 and needles ...so much fun
NE C they do, or they’d leave.
@@Luis-ok8el you think only liberals live in cities?
San Fran is beautiful ❤️
All this dogding shit and needles..... this is too damn exaggerated
Start: “THE COLLAPSE OF CITIES HAS BEGUN!!!”
Finish: “Ok, not really.”
It’s only really happening in San Francisco
@@engagementengagement8836 Give it time......
@sean k Doesn't change balance of resources. Find another conspiracy theory to assert.
@sean k It is not a "fact" that fiat currency will cause their reduction. Not remotely.
@@engagementengagement8836 Nope. It's happening in multiple cities where the mayors didn't put down the violence. Most people don't react well to the 'defund the police' crap. If they're not ready to arm themselves and form posses, they've leaving. NYC has lost population, enough that I heard today that NY state now stands to lose a house seat.
Very nicely and clearly explained
Thank you for the video.
A large decline in demand for housing will drive down prices and attract people back to the city, theoretically. Especially if the city is has a lot to offer as far as beauty, culture and entertainment. I have been to Detroit; they don’t have anything of these things.
Detroit is economically (but not geographically) a "rust belt" city. It's magic because, what you see there is what is left of America's middle class. Tragic.
@@blainerouault3907
Peace & Love Blaine,
Could You Slightly Elaborate Further Regarding What You Mean By "Rust Belt" City?!?!!?
You Don't Think The City Could Make A Massive 180° Turn If, Let's Say: Hypothetically Speaking, A Few Tech Companies Spring Up And House Their Headquarters In Detroit; Driving Growth, Efficient Housing Development, Industrial Expansion And Massive Innovation?!?!!? Thanks For Reading.
Peace & Love!!!
#BLICKET
SF is endemically short on housing due to them voting in Dems whom want to maintain the cities' skyline.
Red NIMBY’s tend to be moderates and conservatives. The only reason Houston isn’t as expensive (and it will be eventually, because they’re built out and not up) is because it’s on flat land and has a lot of room. SF doesn’t have that. Last time my state went republican, my folks almost took massive pay cuts and lost everything they had. I would never have had the means to move and meet the people I did and start my business had that happened. Try again.
A large urban region can sustain itself if it has a diverse economic base. That is the magnet that will keep people there at least until they can retire. The disadvantage of rural areas is the ability to make a decent living, remote work or not.
Coming from England and seeing London a ghost town i think expensive cities will change for the future. Why pay those extorburant fees when you can work from home? The problem is the retail and hospitality sector that was built to accomodate these commuters cannot hang on for their return and so what made cities attractive with these businesses and bars will become a microscopic version of what once was! We are in the middle of the tech revolution brought forward by years by this pandemic we just wernt ready for it and so people are selling up and moving out. The more time moves on the prices will fall and then the danger of negative equity comes in for these sellers. Hmmm what next?
lancomeist the costs of fighting the pandemic by shutdown are mounting. The government has underestimated the costs, which is human suffering in its own right.
the flaw of this analysis is that is based on that idea that we can just work online and that we don't care about being in a working environment, interacting with our colleagues, exchanging ideas etc. in a face to face basis. Home working is a trend but it will exhaust at same point.
@@Josefk40 completely agree im a store manager so have to work out from my home. I would hate to work from home but i cant believe cooperate London has said hey stay working from home till 2021...its a nightmare especially for those living alone. Its not what they signed up for but like so many its what we are doing to keep working!!
Small cities are small because no one willing to live there for a lot of reasons.
I don’t know why people make a complaining about living in big cities are expensive .big cities are expensive in every country around the world. If California and New York get cheaper I am sure a lot of rich foreign investor would buy them in a heart beat.
London doesn’t have a beautiful sun and ocean and mountain that we got in the California. I spend one week as a tourist in London it is beautiful but Weather is very important to me.
That lane change at 12:45 gave me a heart attack.
Heck! Are you OK now? Hope you´ve got a good doc.!
I can't imagine people not living in cities, it's like a metronome, prices go up and people leave and then they come down and people return, and seeing as there's so many apartments in cities they'll come down eventually
No way should the federal government pay for state debt.
Most of it will be written off. California is not Michigan.
How is it written off, just going to cancel bonds?
Well that’d be impossible anyway since that account’s been trillions over-drawn for how may decades now?
considering cities cost a lot to keep up and the econmy went to shit and tax revenue is down. yeah feds should bailout. they can borrow as much money as they want and the debt doesnt actually matter
@@Thebobbyman I guess, if you want to kick the can down the road. Until you hit a wall or a cliff.
But I thought living in a tiny expensive apartment and taking a smelly subway to work was sooooo trendy.
@fane babanu idk I kinda like living in a big affordable house, having my own yard and being able to own a car without worrying about paying a fortune for parking.
@fane babanu I live in Alberta Canada and I can visit a place like that whenever I want with the money I save living in "hick town" I'd just rather not pay the ridiculous living expenses and have to deal with the crime, riots and all the other nonsense. Besides where I live we still have great parks, mountain bike trails and campsites. Lots of people take their boats to the lake on the weekend and I'm only an hour anyway from the rocky mountains. It's not like there's nothing to do out here especially if you enjoy nature lol
@fane babanu Is it really worth the money though? We have bars and clubs here too they just don't have any fancy name recognition. It's also easy to have fun out here if your creative about it. For example camping out somewhere with friends to drink and party or simply having a bbq in the backyard or going kayaking. I enjoy that more than going to a fancy bar just so I can show off on social media. I also find it really convenient having a vehicle for the times I need it and my city dosen't punish me for doing so.
@fane babanu I hope I didn't come off as rude there. I do actually understand your argument but I just like the lifestyle of a small city alot more because of the convenience, space and low expenses.
@Sasha Da Masta it's not so much about the house, car and yard that provides fullfilment but rather the financial freedom, the ability to travel to unique places, the time spent with friends and family which makes the boring suburb feel like home and if your lucky working a career you enjoy doing. Granted things may be farther away and sometime you do need to drive somewhere to walk or hike but it's still possible to enjoy nature. I'm lucky to be so close to banff and jasper national park but I understand not all small city suburbs have something like that within driving distance. I've been to Oregon btw and I must say it really is beautiful down there 🙂
I dont live in an uptight Yankee state. I live in savage ass Florida. We're growing more and more each year
Stay savage brother
The internet as we know it is what 20-25 years old, this was always gonna happen, covid sped it up but the writing has been on the wall for a while lotta shits gonna change in the next hundred years both exciting and scary.
Why would I pay a premium to live in a city that has needles on the street and homeless people trying to hurt or rob me 🤔
A C you have a good point, but damn the city is a mess right now. There’s an exit tax for the rich so getting rich doesn’t even make sense anymore 😭
@A C You make a good point on your first sentence. However, SF is SO bad that there is no way you can avoid needles, poop, and people running around screaming unless you live in a very wealthy neighborhood or are so far away from downtown and don't leave your home. They are moving the encampments to different districts of SF. They did the same thing for the Superbowl in 2016 to appear clean to visitors. The homeless came back to downtown areas because of tourism and panhandling, some for drugs, and others for basic needs. But now they aren't coming back as quickly because there isn't much tourism right now.
Why indeed?? I wouldn't live in pest hole like that if I were paid to.
Raheem Campbell
And don't forget the shitmap, lol
OMG, stop. Do you like when ppl don't want to live in your neighborhood? Have some damn empathy
I love how everyone's moving to the smaller city's and whatever because of that without realizing that by everyone moving to these smaller city's you're just growing them to bigger ones.
Ashville North Carolina is a great example. 5 years ago, it was on everyone's best small city list. Now there are complaints of quickly rising prices (not for Californians moving in, but from the young adults whose families have lived there for generations), homelessness, and increasing crime. So the secret is to stay small, with no jobs, not be cute or scenic, and don't be known for friendliness.
And the cycle will begin anew
Yup you just said what I couldn't find the words to say for decades. Finally.
Its no tha they are big cities it is how they are run
RIGHT, it is common sense
Would be nice if you would make follow up video to this one it's VERY interesting
That's weird I was thinking about how telecommuting might effect where people live, as I was wishing I could telecommute. If I had the opportunity I'd love to live on a lake around where I live.
Anyone else get anxiety from the van shifting lanes that clip had me nervous for that driver lol
Yes that van made me nervous sneaking into the lane of traffic.
No kidding! I saw that & thought, Whoa! WTF? Maybe the camera angle made the gap between the vehicles appear less than it really was. It sure looked like the front of the car & the back of the van were literally touching, but the car didn't even slow down or swerve. The shadows indicate there's at least a few feet of space, so if it's not an illusion from the camera angle, maybe they're all F1 drivers on their daily commute to the track, LOL.
Haha same
Nobody Important ..
12:45
"The rents are too damn high!"
government regulations and taxes
Lack of controls on rent gouging, caused by the owners’ insistence on unsustainable profits.
Living in big cities is now too expensive and people have to work more and family time is very difficult. Country living is becoming more popular and more in remote areas. With more available satellite internet and new tech for use of solar power, people are looking for a more simple type of life, and fleeting the cities. I live in a small town and I love it.
Nice Job!
*Large cities* are like a station in life. Most people move on to the smaller city or suburbs.
Suburbs are unsustainable. We need humanity in efficient cities. We'll soon be 10 or 11 billion people. If we're spread all over the place we use up too much land area. Cities are more efficient for transport and supply. And use much less space per person. That area is valuable for agricultural or reforestation or even wilderness.
And are mostly connected by extensive rail networks unlike primitive US cities
oerthling one problem US and Americas in general is very bad at doing cities
Half of all suburbs should be considered the greater city since you would work and play there on the weekends.
@@oerthling First of all, birthrates are declining fast worldwide. Future overpopulation is a myth. Second these "sustainable" cities you refer to are also the least efficient with tax dollars and desirability. Hey big cities are cool but despite everything people still tend to prefer suburbs (especially as they get older).
In 20 years to the future: Lets go to the city today!
Put on the VR set.
Oh I thought that’s was now. Cause, I mean, well...
Sure if electricity is still working ;)
That's a mood lol
This is good. Centralization has mostly brought negatives. It's bad for society as big cities have no community, are very a-social and people start being treated as expendable be it in work or by just other people around them.
14:20 Vancouver is a major exception with a very high cost of living that saw a massive increase in house prices in 2020 and 2021. Already was ranked at the least affordable city in the world before the pandemic and the costs only rose and there wasn’t a bunch of empty places because few actually left.
When I read this title I was under the impression that people were moving from cities to the country. Not from Humongous cities to Very large cities
Everything is cyclical, eventually people will pine for what used to be city life and return in droves
Seems like Detroit never got that memo.
droid monkey Detroit never offered the best city life since globalization began to occur. Other cities filled up that mantle.
The retired NYC Jewish flocked to FL decades ago. Many went back to NYC. They missed the comfort of their culture.
you forgot that the tech industry has been systemically replacing American workers with Indian workers. Right now, 50% of tech workers in the area are foreign, and 90% of that are from India, on work visas.
these foreign workers only care about making money, and winning the green card lottery. Without the recently blocked bill, these Indian temporary workers would had a fast lane , bypassing country-limit quotas, and other nationals in-queue.
@@xxxdroidmonkeyxxx the problem with Detroit is that it had all its eggs in one basket. When the auto industry left it was game over.
Finally! Let's hope you're right! The whole world has been waiting for this for the last 50 years...
So, are you Chinese or Iranian? Maybe Russian.
@@JM-db8ez none of those (try G7 countries instead). Your comment shows how stereotyped you guys are...
@@StudioNetcom Right--as if your comment wasn't a big generality. Hypocrite.
@@JM-db8ez It's pretty true on both sides tbh
Charleston WV been fallen, check it out, some use to call it little NY back in the 1920s, now even our Mall is struggling to survive
I couldn't stand living in a crowded city. I like my large modern home, and not have to fight crowds of people for a seat on a subway. I like my large yard, with all the privacy. So for me cities are no good.
The cities provides a wealth of leisures offered nowhere else except big cities. Food from every single culture, dessert, dinner and lunch. Non stop events within close proximity. I traveled all over the world. And NYC is my only choice. You get quality grade meals from Indian, Japanese, Chinese, African, Italian and Spanish. This also brings cultural supermarkets dedicated to provide quality culture specific food. Let me know when you want to enjoy food. I prefer a small place where my backyard are restaurants, pool, gym, movie, parks, museums, sightseeing... Most important part are resources to build a great business.
NYC is a great place to visit, but it's not my ideal place to live. I have nothing against cities, it's just not my way of living. People who like to live in cities are welcome to do so, if that's what they like.
@Aumi777 you can get these now in tier 2 cities at half the cost. In my country, India, tier 2 cities are really stepping up and providing a very good quality of life. Super fast internet, Great Housing, Amenities, Cabs and Food a click away, malls and other fun activities, good transportation, Good education etc Everything at half to less than half the price of cities like Banagalore.. Then why live in a city?
@@beatalert123 Pretty much the same story in the US.
It's irritating that CEOs keep placing jobs in large cities. I wish there were something we could do stop this.
Great video! But it’s also more than just economic factors. There’s also political developments that factor in such as the increasing ineptitude and corruption of state and local governments as well.
Justin Pachi This is what happens when you elect democrats
@@dianemitchell5770
Yeah I'm from CA and I'm basically forced to watch helplessly as my home state slowly rots from the inside.
Justin Pachi
Move elsewhere. It’s still a free country. 🇺🇸
@@sfrealestatedealmaker6001
Not everyone has that option. Plus there's still university which a lot of us early 20 year olds have to contend with.
Justin Pachi
Start making plans heading in that direction. If you can’t change the way things are, don’t stay and suffer..
Kevin i never did catch your take on the Harry Dent interview the other day, would love to know what you think
Detroit has been way ahead of the wave!...
The land where Fairchild was is still polluted to this day. One of the biggest chemical disasters in the valleys history
Everything FINALLY EXPOSED > "SHADOWGATE " before its Banned...why BLM riots DEM /Gov Corruption !!!!!!!!!!
I doubt if there is any part of the USA is untouched by pollution of some sort
True, just mentioned that because I lived in the area. Worked for NASA AMES, and the pollution up their is incredible. That area was primarily military so they most likely are the culprits.
When you smell your own farts for so long you believe everything is rosy.
Very insightful Sir.
That quote would make a fine bumper sticker.
@@jamesneely541 I do have a graphic design degree. Oh shit, you woke me! Thanks for making me woke! Lmao I'm considering it.
Christopher Anzovinio you need to make those stickers
Christopher Anzovinio
I have that tattooed on my left but cheek 😍
Dude those laws that banned petty crimes plays a big role.
Nice video. I love city and country. I work from home. I have a place in Tokyo fringe, and rural city in NZ. Summer-to-summer. Culture-to-culture. Cities are a buzz. I only want a box there, or to stay in one for a day-or-two, like a Japanese capsule hotel. But if you can afford, cities are indispensable.
The mega cities will eventually look like the movies Escape from New York and Escape from L.A.
I was thinking more like judge Dredd mega cities
Trump has the blame for his divisive message over 3 years.
@@MLEPOS1 you realize the reason for this is because of corona virus but of course you the liberal would blame trump
Except LA isn't a Megacity
"Eventually"? It's that way right now.
This is an excellent video. I’m a realtor with two active listings in the downtown area of my city and they’re not getting anywhere near the same traction that other listings in the suburbs or plots of land are. Thank you for articulating this so well
At 6:23, I think you have a clip of the Venice boardwalk in SoCal
Work in tech, have barely been at the office since March last year.
There's a real thing in science called "trend analysis". The primary tenant of trend analysis is that trends DO NOT reverse themselves EVER! All trends play out to their natural logical conclusion. The Great Depression of the '30s is a wonderful example of an economic trend of the prior 43 years that resolved to a natural logical conclusion. The American economy had to be rebuilt virtually from scratch after 1932.
So what is our immediate trend
Not quite sure if you're joking or not. The only thing we can be totally certain about trends is that they don't keep on going.
@@oerthling a scientific trend is different than a fashion trend or social trend....I think...haha
@@sitdowndogbreath The immediate trend is astonishingly simple--- MORE OF THE SAME. The current economic paradigm since 1974 has been so incredibly successful for the rich that they don't dare try to change it in any way. And since the rich are in control globally, both economically AND politically, the immediate trends WILL persist. The only threat to the current status-quo is if the masses start to go hungry. If this happens the affluent will lose confidence in their systems of accumulation. This is why EBT and food lines are increasing dramatically to balance this threat. As far as Real Estate--- it is no longer a realistic market for the "middle class". The only people investing in property are the top 15% of wealth earners. In point of fact, the entire global economy is being tailored toward the top 20% of wage earners. Everyone else is simply expected NOT to be consumers in any significant way. If you can afford Real Estate, find your best buy and feel confident in your investment but, when it comes time to sell, do not expect the sale to be quick.
@@oerthling You are absolutely correct, "...they don't keep on going." All trends continue until they reach a natural end point. The Bolshevik Revolution was the only possible natural conclusion of the Tsarist form of economics that gripped Russia in the late 19th / early 20th centuries. History is replete with examples of trends that continue sometimes for generations before they are exhausted. There are many such examples in the natural world as well.
When you reached the top of the mountain you can't go up, you have to come down
Great prognosis based on certain facts!
I live in Marion, Illinois. It is officially known as a suburb of Carbondale despite how large it is. My SUBURB is next.
I used to live in Marion but I didn’t get out much if you know what I mean.
You're right. I own a home in Sacramento and I can't keep up with all the offers I'm getting and my house isn't even listed for sale. Prices are rapidly climbing and buyers are having bidding wars. I could easily sell my home for over $300,000 more than what I paid.
Do it quick, before it changes
🙂
@TBona the two that have offers. Take them and run, not walk, run to the middle of nowhere. By the end of the year to first of next year you will owe money. Take that extra money and build you a log cabin on some land in the middle of nowhere. Do it in a month if you can. Don't wait. You will regret it next year. I promise. Get away while you still can. That is a lot of money in another state. Go where ever you need to. You were warned. Mark my words. Good luck to everyone come the end of the year and next year.
@TBona Moving to the "middle of nowhere" would be ideal, but I'm single and would rather not do that alone. I've just hired a contractor to prepare to sell just in case. Maybe I'll get lucky and someone will knock on my door and say, hey I know the path to nowhere, come on, I'll take you there!
@@paulherzog9605 What if I sell / liquidate and before I find something new to buy they delete the digital numbers in my bank account?
Most cities in the US: omg were running out of money and people are leaving by the thousands! We need help!
Detroit: **laughs**
Detroit: *first time?*
Unfortunately it’s not most. Blue cities and states make up over 70%.
Facts are facts. Mismanagement and corruption are the culprits- DeBlassio, Cuomo and James.
Fitz the dragon
What are you talking about ????
It’s about the destruction of vibrant and prosperous places. NYC (DeBlasio & IL Duce -Cuomo) are /have negatively impacted all NYC SUBURBS and the Entire State, also North East Jersey.
Have you ever even been there? Not just for a visit. Lived, worked and not the tourist overpriced garbage attractions. A “savey NYer “ never patronizes these venues except when out of town friends/family visit and you are obligated to escort them. Waiting on long lines and paying exorbitant prices . Never believe the “I Love NY” media propaganda and street “schills”. We locals laugh at
“Scams” being perpetuated.
The whole tourist industry in NYC is
bait/switch, a con.
@@mindexpanding1 I just recently moved out of NY to GA it was the best decision I've made so far primarily because it's way cheaper.
@@sentinal1565
I am right behind you, best of luck to you and yours.
Will be interesting to see how things settle, following the COVID lockdowns. Also if you don't mind car dependence and doing less walking, then suburbs are for you. Also there are more houses in the city (per length of street) compared to suburbs, so city street maintenance (paving/sewage) is more sustainable from a tax base point of view. I know this is a bigger problem in the USA. Finally, I see neighbours keeping their houses in the beautiful walkable city neighbourhoods (cafes, stores, parks, neighbours), and purchasing a second property outside the city (such as a cottage home), and they can work at both locations (even renting one out).
Very Good!.
And now a lot of those “techies” are moving to Texas into Austin and guess what is happening in Austin?
Isn't it funny that tech is moving to Dallas and Austin, with acting and entertainment moving to Atlanta? California is losing both.
ther are a lot more "techies"?
@Destiny tran And million dollar businesses have jumped into that loophole... Disneyland (among others) for example, pay taxes like they are in 1978 when Prop 13 was passed... so NOW this is being challenged by Prop 15, businesses are ready to leave...
@@LGnLA Once those without assets find out they can steal that which is yours legally, through the ballot box they will help themselves to your wealth. Thats whats happened in California. They have killed the Goose that laid the golden egg.
@@amariongabriele9354 I feel sorry for Dallas and Austin. The prices in the neighborhood will go up but the quality of your neighbors is going to plummet. Just don't let them name anyplace "Beverly Hills."
I live in SF everything you said is accurate or with conservative values (houses listed at 1.6M get priced *through the roof* ). I’d also say half the people I know have left, I will in a few days. Is it fun living in SF as a young single person? absolutely but is it worth paying insane rent price for a city filled with crime and drug abuse (another topic not covered in the video) my answer is no. Also, half the city lives in a constant fog, between the months of June and August I barely get to see the sun while living in the sunset district
I hope that you will be happy where your moving to. I moved way out in the country. It is peaceful and sometimes lonely but I like it a lot. When I come home from being out in a crowded city to pick up a few things I am so happy I'm home. Hope that whatever makes you happy that you find it where your going.
Sounds depressing. I hope you moved out and you’re happier. Cheers 🍻
I lived in Oakland Hills. The sewer main failed, filled the house up with liquid shit, my wife got a fever and went mad, and died in september 2016, leaving me with a startup and a 4 year old child. The City of Oakland offered me $3500 dollars in compensation. I told them to go to hell. I love the US but some of these cities are very poorly administered.
A hard reality when I went to visit SF to see my cousin was the drugs. I was offered heroin at the bart station and saw dudes snort cocaine and ketamine on the streets like it was normal.
@@theGreenChesterfield 😢🙏🙏🙏🙏🙏🙏🙏🙏
European countries invest in their cities. They provide public transportation, cobbled streets, open-air cafes, things that make people want to live in the city. We in the USA let the cities decay. Instead of using the taxes the city citizens pay, we invest in the suburbs. The cities take out bonds to provide city services, then give the big-box retailers property tax breaks. So the taxes the urban citizens pay which should be invested in city neighborhoods go to provide services for corporations that pay no property taxes. This is a crazy way to live.
This video is fantastic. You know intelligence when someone can explain a complicated topic with simple concepts.
People are moving out of those mega-cities not only due to pandemic and high cost of living but SAFETY, too! Living in those cities has become dangerous.
That's correct.
Here is the Neighborhood Scout ranking of the most crime-ridden cities and their mayors.
1. Detroit
Violent crime rate (per 1,000 residents): 20.0
Odds of being a victim: 1 in 50
Mayor: Michael Edward Duggan, Democrat
2. Memphis, Tennessee
Violent crime rate (per 1,000 residents): 19.5
Odds of being a victim: 1 in 51
Mayor: Jim Strickland, Democrat
3. Birmingham, Alabama
Violent crime rate (per 1,000 residents): 19.3
Odds of being a victim: 1 in 52
Mayor: Randall Woodfin, Democrat
4. Baltimore
Violent crime rate (per 1,000 residents): 18.5
Odds of being a victim: 1 in 54
Mayor: Jack Young, Democrat
5. Flint, Michigan
Violent crime rate (per 1,000 residents): 18.3
Odds of being a victim: 1 in 55
Mayor: Sheldon Neely, Democrat
6. St. Louis
Violent crime rate (per 1,000 residents): 18.2
Odds of being a victim: 1 in 55
Mayor: Lyda Krewson, Democrat
7. Danville, Illinois
Violent crime rate (per 1,000 residents): 18.0
Odds of being a victim: 1 in 55
Mayor: Ricky Williams Jr. (nonpartisan election)
8. Saginaw, Michigan
Violent crime rate (per 1,000 residents): 16.7
Odds of being a victim: 1 in 60
Mayor: Floyd Kloc (nonpartisan election)
9. Wilmington, Delaware
Violent crime rate (per 1,000 residents): 16.3
Odds of being a victim: 1 in 61
Mayor: Mike Purzycki, Democrat
10. Camden, New Jersey
Violent crime rate (per 1,000 residents): 16.2
Odds of being a victim: 1 in 62
Mayor: Francisco Moran, Democrat
11. Pine Bluff, Arkansas
Violent crime rate (per 1,000 residents): 16.0
Odds of being a victim: 1 in 62
Mayor: Shirley Washington, Democrat
12. Kansas City, Missouri
Violent crime rate (per 1,000 residents): 15.9
Odds of being a victim: 1 in 63
Mayor: Quinton Lucas, Democrat
13. San Bernardino, California
Violent crime rate (per 1,000 residents): 15.3
Odds of being a victim: 1 in 65
Mayor: John Valdivia, Democrat
14. Alexandria, Louisiana
Violent crime rate (per 1,000 residents): 14.6
Odds of being a victim: 1 in 68
Mayor: Jeffrey Hall, Democrat
15. Little Rock, Arkansas
Violent crime rate (per 1,000 residents): 14.6
Odds of being a victim: 1 in 68
Mayor: Frank Scott Jr., Democrat
16. Cleveland
Violent crime rate (per 1,000 residents): 14.5
Odds of being a victim: 1 in 69
Mayor: Frank Jackson, Democrat
17. Milwaukee
Violent crime rate (per 1,000 residents): 14.3
Odds of being a victim: 1 in 70
Mayor: Tom Barrett, Democrat
18. Stockton, California
Violent crime rate (per 1,000 residents): 14.2
Odds of being a victim: 1 in 70
Mayor: Michael Tubbs, Democrat
19. Monroe, Louisiana
Violent crime rate (per 1,000 residents): 14.1
Odds of being a victim: 1 in 71
Mayor: James Earl Mayo, Democrat
20. Chester, Pennsylvania
Violent crime rate (per 1,000 residents): 14.0
Odds of being a victim: 1 in 71
Mayor: Thaddeus Kirkland, Democrat
To which, open carry licenses will go up. Will there be enough coroners? And, if the judicial system continues to fracture, where are we going to house the criminal population? Imagine charging a felon a couple thousand (per month) for his jail cell...
The problem is excessive big government spending, strangling regulations, oppressive taxation, huge government employee pension plans.
The world is far more complex than right wing dogma allows.
@@Danpgood but do these things also NOT exist?
They do, so yes while this may be more complex, this is also a factor nonetheless.
DkXboxer clearly you need me to validate your right wing dogma to feel better... can you demonstrate your intellectual independence by naming a problem that is not pulled from the Reagan bible?
@@Danpgood Your attitude over a serious problem?
Look, all im saying is theres truth to every story and not to fall into bias.
Saying what's what if only on the premise of "guilty by association" doesnt cut it when you need to get to the root of the problem in a subject by subject explanation.
Playing politics only serves to focus on things that dint hekpnthe problem because of your identity, and I hold no loyalty to any side in debates.
@@Danpgood
So insult me and belittle me all you want, all I need is someone who can back up his words with evidence that I can use to help navigate myself and others to the most educated path available and make the best decision possible, as well as constantly questioning and improving my own methods for be better.
Anything else I see is a waste of breath and time.
Boston suburbs are once again seeing major upswing. Although I live in Boston-metro, and prices didn't drop a penny in my area.
Bailed out of my state capitol city over 40 years ago in 1980. Too many faces & not enough spaces. Moved to a small village about 180k [about 115 miles] away & started & raised a family there. Now an empty nester & on my own I bought a humble cottage in a regional city of only 25,000 a further 70k [about 43 miles] further out about three years ago. The population here has remained relatively stable for more than 60 years, so, .... only two hours from the state capitol & one hour from the national capitol & along side a main arterial highway. Doesn't get any better than that.
*"Welcome To America: The Farewell Tour"*
stolen from Chris Hedges
@@edmundmcgrath213 borrowed it from him actually.
Consume media. You were built for it.
@@edmundmcgrath213...👈🏽 found the classroom snitch
The United States will never fall untill Earth is unlivable
When talking about Silicon Valley companies, you skipped Hewlett-Packard. Really one of the first big tech companies as we know them.
technically the first tech company in Silicon Valley
Yeah, Steve Jobs worked there and I believe stole some of there knowledge.
@@Chrissy2230 It was actually Steve Wozniak, the actual inventor of the machines. Wozniak hand soldered the original machines using HP parts (but this was encouraged by HP). He gave HP first rights to the machine, but they passed on it giving him the right to partner with Jobs to create Apple. Jobs was more of a designer and helped with the operating system, but that was mostly created by Xerox. Jobs didnt really invent anything, but he was a hell of a marketer. Wozniak believes that you need both sides to be a success. The guy with ideas about design and marketing and the engineers that can make it happen. But yea, Steve Wozniak was the real genius engineer of the two.
@@donparkison4617 cool, thanks for the information. I did read that Bill H gave Steve Jobs a job on the production line when he was young.
PROSPERITY
BONANZA
Where I live, wages go up by about 6% every 2-3 years, but food goes up by 10-15% in that same time frame
Detroit is a very good example, it was a city built for the auto industry and along water routes....well the automotive game isn't the same anymore, times are changing.