Comments on: Does Density Help Communities Weather Recession? http://www.streetsblog.org/2009/03/31/does-density-help-communities-weather-recession/ Covering the New York City Streets Renaissance Fri, 10 Feb 2012 16:07:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: t http://www.streetsblog.org/2009/03/31/does-density-help-communities-weather-recession/comment-page-1/#comment-65654 t Tue, 31 Mar 2009 18:39:22 +0000 http://www.streetsblog.org/?p=5800#comment-65654 I think diversity is as much a key to survival as density. A city that has a wide variety of industries (health care, finance, education, manufacturing, entertainment, information technology, etc.) would probably fare better than one with a more narrow range of businesses. It also depends on the proportions those businesses represent. New York is in tough shape right now because even though it has a variety of industries, one of those industries -- finance -- represented a disproportionate share of the tax base. I think diversity is as much a key to survival as density. A city that has a wide variety of industries (health care, finance, education, manufacturing, entertainment, information technology, etc.) would probably fare better than one with a more narrow range of businesses. It also depends on the proportions those businesses represent. New York is in tough shape right now because even though it has a variety of industries, one of those industries — finance — represented a disproportionate share of the tax base.

]]> By: chris http://www.streetsblog.org/2009/03/31/does-density-help-communities-weather-recession/comment-page-1/#comment-65643 chris Tue, 31 Mar 2009 15:39:10 +0000 http://www.streetsblog.org/?p=5800#comment-65643 Unfortunately, this isn't the case. Portland, which one would consider to be a municipal champion of density, is fairing very poorly. http://www.nytimes.com/2009/03/27/business/economy/27portland.html?scp=1&sq=portland&st=cse Weathering economic crises is a bit more complex than just having density. Unfortunately, this isn’t the case.

Portland, which one would consider to be a municipal champion of density, is fairing very poorly.

http://www.nytimes.com/2009/03/27/business/economy/27portland.html?scp=1&sq=portland&st=cse

Weathering economic crises is a bit more complex than just having density.

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