The coronavirus pandemic was something no local government could have anticipated. But it’s also raising serious concerns about cities’ preparedness for other difficult-to-predict challenges.
Former HUD Secretary Henry Cisneros and Regional Plan Association president Tom Wright join The Bond Buyer for a discussion on the ways life and work in American cities are being altered by the pandemic — and future challenges it illuminates.
Even before COVID-19, urban economists and planners were pointing to a trend of suburbanization of job growth. That could now accelerate, with employers at an inflection point to assess their future needs.
The COVID-19 pandemic has pummeled the segments of the American economy tied to public gatherings. For the cities and industries most reliant on bringing people together, adaptation and perseverance will be critical.
The greatest risks and potential for permanent change reside in the nation’s largest cities, ones with an outsized influence over its economy and finances.
A no-cost, nationwide solution to maintain proper social distancing while giving lenders, appraisers, and AMCs timely information from inside homes they are unable to physically enter because of COVID-19.
