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 Stadiums are poor investments for cities.

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TEOTWAWKI

TEOTWAWKI


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Join date : 2012-07-30
Location : FEMA Region 4

Stadiums are poor investments for cities.   Empty
PostSubject: Stadiums are poor investments for cities.    Stadiums are poor investments for cities.   EmptyThu Apr 30, 2015 11:39 pm

http://reason.com/blog/2015/04/29/the-ultimate-baltimorebaseball-symbolism#.omclkn:mOMA

None of the cities that banked on downtown "stadium stimuli" have reversed their population losses. Between 2000 and 2010, Baltimore lost 30,193 residents (4.6 percent of its population), St. Louis, 28,895 (8.3 percent), Pittsburgh, 28,859 (8.6 percent), Cincinnati, 34,340 (10.4 percent), Cleveland, 81,588 (17.1 percent), and Detroit, 237,493 (24.9 percent). Meanwhile, some cities that have refused to subsidize stadiums have fared much better
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