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Short answer: Beats the hell outta me.
Land use patterns in the US dictates shopping is rigorously secluded from residental areas. City transportation policies dictate the automobile is God and all must bow before it. Construction of shopping malls has degraded such that the buildings are only expected to last for 20 years. As the McMansions of suburbia expand ever further from the 'urb' the economic value of the underlying Real Estate declines.
But the cost (valuation) of properties in the city itself have declined even further.
So, does it make more sense to spend the money re-invigorating the city? She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
Malls: get those _ flourescent lights off me, put some windows in those walls so I can see what time of day it is, stop herding me with your __ lines on the floor, give me some real choice of qualities and materials and not the same 3? manufacturers with 300 different brand names, call things by their real names, turn down the musak, do not ever make something beep at me, .... and I won´t say what they can do with land use patterns and valuations ´cause I have manners. Our knowledge has surpassed our wisdom. -Charu Saxena.
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