What you've got here is a mass movement of a whole city that is going to take a long time to revive in any kind of way, especially for a large part of the residential population. Whether they come back, nobody really knows. This is a totally new situation.
More Quotes from William Frey:
There's a middle-class flight on both sides of the country.William Frey
There is this 'Go East' mentality in California. Even people who have lived there most of their lives, when it comes time to retire are cashing out and leaving.
William Frey
We've been going west forever. Movement to the South has tended to occur more after World War II.
William Frey
These minorities are now spilling to parts of the country the interior Sun Belt, suburbs and exurbs which were once bastions of middle-class whites. As a consequence, white-bread America is experiencing diversity firsthand, rather than in magazines or TV images. ... Politicians are going to have to figure out how to satisfy both groups.
William Frey
A lot of people are hedging their bets. They don't want to move away from a place where they have family they can rely on. They don't want to give up their community, their circle of friends.
William Frey
The people there are now getting a taste of diversity, firsthand.
William Frey
Readers Who Like This Quotation Also Like:
Your premium brand had better be delivering something special, or it's not going to get the business.Warren Buffett
I'm for economic independence.
Charles Evers
Don't believe those who claim that only left wing parties really care about employment.
Kjell Magne Bondevik