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Home » Forums » Questions and Answers » Casual Corner » 5 American Cities Nearly Destroyed by the Recession
5 American Cities Nearly Destroyed by the Recession
| January 26th, 2012 at 9:19:24 PM permalink | |
| pacomartin Member since: Jan 14, 2010 Threads: 547 Posts: 6210 | The article 5 American Cities Nearly Destroyed by the Recession has one city that I would never have guessed. The other 4 are: * Flint, MI * Champaign-Urbana, IL * Reno-Sparks, NV * Carson City, NV Before you read the article can you guess the 5th city (Hint: it is in California)? Wine loved I deeply, dice dearly -Edgar, betrayed son of Gloucester in King Lear |
| January 26th, 2012 at 9:23:53 PM permalink | |
| MathExtremist Member since: Aug 31, 2010 Threads: 46 Posts: 2521 | I was in Reno a few weeks back. The cabbie was telling me that inbound flights were down more than 50% from a few years ago and that several casinos folded and are now non-gaming apartments or condos. That's not stopping a small tech incubator just down the street from Harrah's from giving it a whirl... "In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice."
-- Girolamo Cardano, 1563 |
| January 26th, 2012 at 9:32:53 PM permalink | |
| teddys Member since: Nov 14, 2009 Threads: 100 Posts: 2725 | Stockton. "If you can make one heap of all your winnings / And risk it on one turn of pitch-and-toss / And lose, and start again at your beginnings / And never breathe a word about your loss..." -Rudyard Kipling |
| January 26th, 2012 at 9:49:11 PM permalink | |
| Wizard Administrator Member since: Oct 14, 2009 Threads: 313 Posts: 6783 | My guess is Victorville. A bedroom community of L.A., on the way to Vegas. The Apple Valley area saw a lot of home construction in the boom years, as a convenient place to build, but there are not enough people in the area to occupy them. I'm not surprised Reno is on the list. The downtown is truly depressing. I've remarked on this before but the old Fitzgerald's is on a prime intersection on Virginia Avenue, and nobody even wants it. It has been vacant for years. It would be like nobody wanting to implode an old eyesore on the Strip and Flamingo to build something decent. It's not whether you win or lose; it's whether or not you had a good bet. |
| January 26th, 2012 at 10:06:03 PM permalink | |
| OneAngryDwarf Member since: Dec 17, 2009 Threads: 42 Posts: 201 |
If Wikipedia is to be believed, the former Fitzgerald's is now CommRow, a non-gaming entertainment "adventure" destination. Looks like they have concerts, a rock climbing wall, restaurants, and other activities. It's certainly a very ambitious attempt to revive downtown Reno, hopefully it will succeed. "Here's an idea: Why don't you give me half the money you were gonna bet, then we'll go out back, I'll kick you in the nuts, and we'll call it a day?" --Wallace Shawn, Vegas Vacation |
| January 26th, 2012 at 10:06:25 PM permalink | |
| EvenBob Member since: Jul 18, 2010 Threads: 231 Posts: 6404 | Flint is a hole and its always been a hole. How can you tell the difference in Flint from 20 years ago till now, it looks the same. You could probably buy all the houses on this street for $10k. For the whole street.  One casino owner to another: "It would be so much easier if we could just hit them over the head, steal their money, and throw their bodies in the creek." Al Swearengen, Deadwood |
| January 26th, 2012 at 10:10:55 PM permalink | |
| OneAngryDwarf Member since: Dec 17, 2009 Threads: 42 Posts: 201 | That picture could easily be captioned as "Youngstown, OH" or "Johnstown, PA" and none would be the wiser. Actually, that street could possibly pass for one of the BETTER neighborhoods in Youngstown. "Here's an idea: Why don't you give me half the money you were gonna bet, then we'll go out back, I'll kick you in the nuts, and we'll call it a day?" --Wallace Shawn, Vegas Vacation |
| January 26th, 2012 at 11:19:55 PM permalink | |
| EvenBob Member since: Jul 18, 2010 Threads: 231 Posts: 6404 |
Those streets are American Dream streets. The houses were built between 1910 and 1930, mostly by European immigrants. They were nice neighborhoods where our parents and grandparents grew up. They were slowly taken over by minorities in the 50's and 60's and this is whats left. A real shame.. One casino owner to another: "It would be so much easier if we could just hit them over the head, steal their money, and throw their bodies in the creek." Al Swearengen, Deadwood |
| January 27th, 2012 at 2:01:08 AM permalink | |
| pacomartin Member since: Jan 14, 2010 Threads: 547 Posts: 6210 |
The 5th area on the report is Santa Barbara-Santa Maria-Goleta, CA Wine loved I deeply, dice dearly -Edgar, betrayed son of Gloucester in King Lear |
| January 27th, 2012 at 4:08:30 AM permalink | |
| FinsRule Member since: Dec 23, 2009 Threads: 52 Posts: 779 | Having lived in Champaign for 6 years, and having family living there now, I know that this article is full of crap. Champaign is a college town that is doing just fine. There's no way that it's among the top 5 cities hurting from the recession. No chance. |
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