I don't like discussing politics. But on Inauguration Day, it seems appropriate to share Nate Silver's latest piece about the electorate's breakdown of rural, suburban and urban voters and what that might mean in the new administration. Specifically:
"Barack Obama, the former community organizer, may be the first
president in a generation to actively seed urban renewal. His proposals
include creating an Office of Urban Policy, restoring the Bush cuts to
the Community Development Block Grant program, financing so-called
regional-innovation clusters to link smaller cities together, and
establishing twenty "Promise Neighborhoods" — essentially, oases of
social services — in inner cities."
Silver touches on the fact that urban centers in the US are growing in population. And studies have shown that as the baby boomers retire, they're downsizing and considering major cities as their retirement homes. Great news for those of us who live, work and own property in this already-wonderful city.
And of course, there's the $1,000,000 question: what about the Olympics?
"Closer to home, he has already
started to pitch Chicago as the prospective home of the 2016 Olympic
Games, a potentially climactic event that — if all goes well — could
give a bounce in the polls to his Democratic successor in the midst of
an election year."
Add it all up - Chicago real estate should have a bright future.
Comments