The narrative is always that the revenue generated will be more that the cost of these deals, trickle down economics anyone, until you run the actual numbers that show that this isn't true. But everyone buys into the narrative.
The narrative is always that the revenue generated will be more that the cost of these deals, trickle down economics anyone, until you run the actual numbers that show that this isn't true. But everyone buys into the narrative.
There is an entire day industry of consultants who will "run the numbers" and show what a great deal it is for the city. Complete BS, of course, but the report will look very pretty.