Draggingtree Posted September 2, 2015 Share Posted September 2, 2015 Mises: College Towns Join the Mania: The Skyscraper Curse in Auburn SEPTEMBER 2, 2015 Mark Thornton The “Skyscraper Curse” describes the eerie connection between record-breaking skyscrapers and global economic crises. There are no true skyscrapers being built in Auburn, Alabama, home of Auburn University. But, there has been a great deal of building big and tall. Luxury student apartment building leads the way, followed by high-end restaurants, and retail space. Two student apartment buildings were torn down this past week to make room for yet more building. The city government is also spending truckloads of money on street improvements and a state-of-the-art high school. What are people thinking? Don’t they realize we are in one of the weakest recoveries on record and possibly headed for another recession? Is it greedy bankers and construction companies run amuck? Is it out-of-control architects and chefs that are to blame? Or is it the spoiled rich college kids who demand luxury apartments and locally grown veggies? Link to comment Share on other sites More sharing options...
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