real estate doom loop Archives - Marketplace

Make a difference in our non-profit newsroom... and help Marketplace meet our year-end goal! Donate Today 💙

How might cities be able to get out of the dreaded "real estate doom loop"?

by Nova Safo and Ariana Rosas

Jun 7, 2024

For cities whose downtown centers are struggling, investment in a core of residential, retail and entertainment spaces could help lure people back.

"Chicago really stands out because its activity is nearly back to normal," said Karen Chapple, director of the School of Cities at the University of Toronto. "Yet its work-hour activity Monday to Friday, 8 to 6 is around 60%."

Scott Olson/Getty Images

LISTEN

EMBED

SUBSCRIBE