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Cities Have Thrived for 20 Years, Recent Crises Upend Their Growth

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Cities Have Thrived for 20 Years, Recent Crises Upend Their Growth


July 21, 2020
View of a city through the window of a high rise apartment
By peshkov

For the past few decades, cities have flourished as young, educated workers entered in droves, fueling the economy and influencing politics. The young dream of moving to a booming city for employment and plentiful entertainment options may be shattered by the pandemic, recent criticism of law enforcement, and increasing housing prices. In the time of COVID-19, densely populated urban areas are less than ideal, remote work has replaced commutes to city centers, and city budgets are strained. According to Realtor.com, cities stand to have a tough recovery, but some researchers say they will eventually bounce back. Safety, one researcher says, is the “prerequisite for growth” and without that, cities will continue to suffer.

Three major shocks now threaten to upend that urban renaissance: The coronavirus is preying on densely packed places; anger over policing is producing social unrest reminiscent of earlier eras; and strained city and state budgets could prolong their economic pain.

Extended lockdowns have drained cities of the energy, charm and financial promise that drew so many in the first place, and underlined the weaknesses, inconveniences and risks. With remote technology facilitating work from home for many, some New Yorkers have already decamped to suburbs.

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