Quote:
Originally Posted by iheartthed
Chicago has quite a few areas that are struggling for residents and Lincoln Park isn't one of them, so it is probably not the most appropriate comparison. But there is a serious policy issue when you have large areas of abandoned/under-utilized development in the core, which is available in abundance in Chicago, and are still creating greenfield developments on the fringe. That is one of the main criteria distinguishing the Rust Belt from other former industrial hubs.
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Except that fringe/outer suburban development in metro Chicago is perhaps the lowest it's been in recent memory. Suburban real estate is struggling.
A majority of the growth in jobs, wages, and population is in the core. Thus, the downfall brought about by suburbanization is a problem that appears to be correcting itself, albeit not fast enough (IMO)