Cities are now experiencing serious problems
The fact that many American cities are experiencing significant population decline is old news. This trend has been occurring since 1950, particularly in the older cities that were once part of the “Great American Manufacturing Belt” that stretched across the northern tier of the country from New England to just west of the Mississippi River.
What is not old news, however, is that many of these same cities are now experiencing serious problems with vacant and abandoned properties.
These problems are relatively new in many places, and unlike population loss per se, the loss of taxpaying households poses an existential threat to the fiscal healthof these cities.
Not only are these cities continuing to lose residents at an alarming rate, but they are now also losing households. This means that they are losing housing units, which, in turn, means that they are losing much of their built environment.
Residential properties sit vacant and abandoned, as do the commercial properties that used to serve them. The public infrastructure (streets, utilities, etc.) which used to knit these properties together into cohesive neighborhoods remains, but is increasingly underutilized.
While the infrastructure might be underutilized, it still needs to be maintained. Schools, safety forces, public utilities, and sanitation services all need to be supported at levels that don’t shrink proportionately with the population.