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Urban Myth Of The Inner City

Posted by: Abhijeet Chavan
Thanks to: Abhijeet Chavan
11 March 2001 - 9:00am

The perception that the inner city is an undesirable place to do business due to lack of purchasing power is an urban myth.

"Unfortunately, some urban myths are accepted as truth and cripple the economic health and vitality of central city neighborhoods. Specifically, I'm referring to the myth of the inner city as an undesirable place to do business due to the lack of purchasing power...But nothing could be further from the truth. Milwaukee's commercial districts offer many assets and opportunities for profitable investment. These districts are surrounded by densely populated residential neighborhoods that have a high demand for commercial goods and services."

Full Story: Urban myth: Truth found in central city development
Source: Milwaukee Journal Sentinel, March 3, 2001
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