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Perception of Charlotte Nationwide


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20 minutes ago, elrodvt said:

True but Charlotte looks really bad.

Did you look at other metro areas? The whole country is bad. Not saying it is a good thing Charlotte has majority white and majority black areas, but take a look at New York, Boston, Miami, Los Angeles, Cleveland, Austin, Nashville, etc... the trend is pretty much the same throughout the country.  They are ALL "really" bad. 

Edited by CLT2014
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I think we've had this discussion before, but Charlotte is actually not highly segregated compared to northern cities and (especially) the Rust Belt. We do have "the wedge," but look at Chicago, St. Louis, and such -- it's at a whole different level.

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On 5/4/2018 at 3:18 PM, asthasr said:

I think we've had this discussion before, but Charlotte is actually not highly segregated compared to northern cities and (especially) the Rust Belt. We do have "the wedge," but look at Chicago, St. Louis, and such -- it's at a whole different level.

Here's an article by  Richard Florida, University Professor and Director of Cities at the University of Toronto’s Martin Prosperity Institute, and a Distinguished Fellow at New York University’s Schack Institute of Real Estate, discussing which cities have the most economic segregation,  income inequality, and unaffordable housing.  

"Mapping the New Urban Crisis -- Which cities have the most severe income inequality, class segregation and unaffordable housing?" at CityLab, by Richard Florida, April 13, 2017.

Link:  https://www.citylab.com/equity/2017/04/new-urban-crisis-index/521037/ 

Excerpts:

“This New Urban Crisis looks different across the country. The map below charts how America’s 350-plus metros stack up on my New Urban Crisis index—a composite metric my team and I developed.  It accounts for measures of wage inequality and income inequality; overall economic segregation along income, educational, and occupational lines; and the unaffordability of housing.  The index combines these factors on a scale of zero to one, where a higher coefficient indicates more inequality, segregation, and lack of affordability.  The New Urban Crisis is a feature of more productive and more affluent metros: It’s positively associated with income (.34), economic output per capita (also .34), and even more so with wages (.50).  The New Urban Crisis Index is positively associated with concentration high-tech industry (.61), the creative class share of the workforce (.55), and the share of adults who hold college degrees (also .55).   Conversely, it is negatively associated with the share of the workforce in blue-collar, working-class jobs (-.55).  The New Urban Crisis also closely tracks both the concentration of high-tech industry and of the creative class, two defining features of leading tech and knowledge hubs.   Los Angeles is first, New York is second, and San Francisco is third.  Other leading tech hubs—Boston, Austin, and San Diego—number among the top ten.   But the New Urban Crisis is felt far beyond the nation’s superstar cities and leading tech hubs. The Sunbelt metros of Dallas, Charlotte, Atlanta, Phoenix, Orlando, Nashville, and Raleigh can be found a little farther down the list. The Rust Belt isn’t immune, either: Cleveland is 20th among large metros, and Milwaukee and Detroit also are hard-hit.”

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Edited by QCxpat
Add excerpts from Richard Florida's report
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I  overheard some Aussies talking about how new everything in Charlotte is and how excited they were to go on the train and try all the beers. They were specifically trying to figure out the latest train they could take to get back uptown from their escapades. Nothing but people fawning over the QC at the Wells Fargo Tournament until we went to leave and people were trying to figure out how the hell to get around the traffic lol.

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On a serious note, had dinner last night with a retired NYC executive from TIAA-Cref and the subject of the AllianceBernstein relocation to Nashville came up. She was surprised Charlotte didn't get it but also didn't think it was a big deal as she said Charlotte is in another category when it comes to finance compared to Nashville. (No knock on Nashville; just stating the obvious).

She went on to say that when TIAA-Cref started relocating tons of jobs from NYC to CLT most of her colleagues scoffed at the idea of moving South but that those who did remain in CLT have been quite pleased.  She said they all have amazing houses and great quality of life they could never get in NY [for the same money] and their kids can go to great UNC System schools, etc....

Full disclosure: She travels a lot and had nice things to say about Nashville, too. Said those AB people probably won't be happy with Nashville at first either but just like Charlotte, she thinks they'll come to love it especially as Nashville gets a little bigger. 

Edited by Crucial_Infra
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  • 3 weeks later...

Saw this tonight.  How about an NBA playoffs commercial where they show Charlotte, but pop the head off BOAC so people don’t realize the shots are  in the QC and think it’s Cleveland or Houston or something.

 

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That ain’t clouds.  The cut the top off!

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Edited by ah59396
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