Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
The suburbs will recover more quickly than the city. The Chicago office market is dead in the water. The larger issue is that, like everything in Illinois, there aren’t enough businesses left in Illinois to lease all of the available office space. Growth isn’t going to fill the office space and available space grows old and obsolete before it can be leased. At best, downtown companies will move to the suburbs when their leases slowly expire in the upcoming years cannibalizing one leasing market for another.
You have pretty much summed it up perfectly. The u s populatiion growth overall is down to less than one percent. Somehow, some way, that can never quite be articulated, growth will always materialize. Like so many of these types of articles, it is interviewing people who are just talking their positions.
Especially in Illinois, growth is difficult to come by, with anti-business policies being enshrined into law.