What Exactly Is The Urban Doom Loop?

What Exactly Is The Urban Doom Loop? Is it a real thing, and is it occurring in Boston? In this video I wanted to explain the urban doom loop phenomenon and the fallout from depreciating office real estate in Boston. UPDATE: In the two days since this was filmed, Mayor Wu announced hikes for commercial real estate taxes. This is the effort to keep tax revenues up and keep providing the same social services.
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[@benvigilrepro]

There is definitely an issue here in AZ and CA. I've actually been thinking about looking into office space to residential conversion myself.

[@powerrealtyadvisors]

I admit I don't know much about the office-to-residential conversions going on in the city, but especially with some new rules coming our way in the suburbs I think we'll see more of it. Probably a lot more mixed used with first floor commercial and residential upstairs.

[@Divyv520]

Hey Craig , really nice video ! I was wondering if I could help you with more Quality Editing in your videos and also make a highly engaging Thumbnail and also help you with the overall youtube strategy and growth ! Pls let me know what do you think ?

[@powerrealtyadvisors]

Thanks for the offer and thanks for watching!