How does the crisis impact living and business activities in city centers? cole

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The economic crisis has been catastrophic to many cities. Rising unemploymenet has lead to social unrest, increase demand on welfare systems, and a decrease in the demand for real esate both commercial and residential. Due to the higher cost of operating in city centers, many downtown areas have become a splinter of what they were.

Moving forward cities will need to find ways to stimulate commerce to rebuild.

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