SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Vosilla who wrote (19788)12/29/2004 1:53:48 PM
From: benwood  Read Replies (1) of 116555
 
I agree with Yiwu that this trend will continue. I think cost of maintaining the infrastructure of the cities will drive people away starting about 10 years from now -- retirees mainly. In Seattle, among a zillion other things, we're paying about $400 per family per year for a monorail for the next 30 years, and it will only serve a small segment. When they expand it, the cost will go up and last for longer. And does anybody really expect it to last 30 years? The cost will actually go up in 30 years, not disappear.

On top of that we're paying for two stadiums (a billion dollars) plus they plan to build a very, very expensive replacement to this waterfront freeway (oh, probably 10 billion when they are done). Much more beyond that... My parents pay so little in their small town elsewhere in the state.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News