The fall of American Cities

This is a very informative video by Jack Chapple. One important point that I think Jack missed, is the fact that in many of these large democratically controlled cities, have had a huge increase in homelessness and lawlessness because of extreme liberal policies and the refusal of local government and state government to enforce laws and instead reduce penalties for lawbreakers.

This is the San Francisco Bay Area. It has been one of the biggest economic HUBâ€™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 fall of American Cities

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 themâ€¦ as every city within silicon valley soon had multiple billion dollar tech companies calling their city, home. 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 1990â€™s issued a new age of tech companies called â€˜internet companiesâ€™ 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.

Seven most expensive U.S. cities: