Nerdistans -- what Joel Kotkin calls areas with rapid high-tech growth -- are suddenly out of favor.
"Although it has gotten less attention than the plummeting rents and rising vacancy rates in once hot urban markets such as San Francisco and lower Manhattan, the troubles in the nation's Nerdistans may be even more widespread. While most cities have had only relatively small-scale tech development, a far larger share of the growth has taken place in the nation's archipelago of Nerdistans."
Thanks to REIS Cast Newsletter
FULL STORY: Hard Times in Nerdistan
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