Public officials should pay attention, as a town in Missouri learned the hard way. If an economic-development deal seems too good to be true, maybe it is.
Source: The Miami Herald | Miami, Fla. |
November 1, 2012
The campaign to approve potential upgrades at the Crandon Park Tennis Center has drawn opposition from a member of the pioneering family that donated the park land to the county.
The latest market for gaming isn’t in the suburbs anymore; it’s downtown, where developers are retrofitting existing buildings and changing the casino as we know it.
Millions of millennials will soon be putting down roots. Cities and suburbs that are less attractive to them have a limited window to turn things around.
Source: The Washington Post | Nation |
October 31, 2012
The housing market’s recovery appeared to receive a boost Tuesday following the release of a popular real estate measure. However, economists cautioned against getting carried away by the optimistic report.
Immigration from Mexico fell to historic lows during the worst years of the recession. But the study by U.S. and Mexican researchers estimates that immigrants headed north in the first half of 2012 outnumbered those heading back for the first time since 2007.
Governments aren't very good at picking business winners with grants, loan guarantees or tax breaks. They'd do better if they realized their limitations.