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I was so excited to read about GSO's economic recovery in 2011 that I set the DeLorean for early 2012 and bought some investment properties, and am writing this from the private island I purchased with my gains.
Previously in slow economics.
Jan 25, 2013 at 09:24 AM | Permalink
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From the N&R article;
"The average Greensboro worker earned $41,835 in 2011. In Durham, the average worker earned $64,575. The average for all cities studied in the report was $47,878.
...The percentage of 20- to 34-year-olds in the city population continues to slowly increase. Local leaders have stressed that the city needs to keep young professionals."
Thinking of GPAC, I don't see how whoever came with a viability study that says a performing arts center could make it in downtown, away from highways etc..., with about 2/3 of the average income.
The % of younger growing seems as a response to a vibrant downtown with nightclubs etc..., which the GPAC would likely curtail substantially.
"young professionals" don't make what they used to, and now have massive college debt to pay off.
Increasing the costs and traffic for the younger to go downtown doesn't comport with the GPAC plan.
Jan 25, 2013 at 11:00 AM
"Thinking of GPAC, I don't see how whoever came with a viability study that says a performing arts center could make it in downtown, away from highways etc..., with about 2/3 of the average income."
Being rational about things of that nature is frowned upon by Hizzoner, his sycophants, and the Usual Suspect cheerleaders when they have a mission to accomplish.
Jan 25, 2013 at 10:30 PM
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