When the back-to-the-cities trend started taking root, albeit very unevenly, cities were so glad to finally land deals that they routinely overpaid, not having a solid grasp of the demographic and market forces they should have been channeling instead of subsidizing. Itโs especially true for retail and entertainment projects, which generate very poor-quality jobs. I have yet to find a city that has figured out how to โtake the foot off the pedalโ and stop over-subsidizing, even when gentrification becomes a problem.
Sandy SmithPerhaps we don't want to come face to face with the unsurrendered areas of our lives. We like our lives just as they are, even if it is less than God's best.
Sandy Smith