Quote Originally Posted by halfeye View Post
I think he's talking about city centres becoming ghettos, which does seem to happen. The central shopping districts are in decline due in large part to online shopping. Suburban sprawl and expansion into the green belt is part of the decline of the city centre.
He claimed that cities no longer generate wealth. He has also not backed up any of his claims with any evidence, and seemingly doesn't acknowledge that GDP largely comes from cities and that the states with the biggest surpluses also have the largest cities while largely rural states tend to have deficits, which the fed balances out.

Online shopping is killing malls, sure. But cities ain't going anywhere, for a multitude of reasons, and he has not given any backing for any of his claims, which isn't surprising since they either don't exist or would be wildly misrepresentative if they did.