Baltimore is a poor city with a wealthy core along the Inner Harbor that is highly dependent on: 1) conventions and trade shows; 2) professional sports; 3) tourists; and, 4) move-ins to new high rise condos along the water. If any of this substantially diminishes, and I expect it will, the expensive hotels, fancy restaurants and high-end shops will suffer and the city will decline further; in my view, you would have to be out of your mind to buy anything in that city, given its leadership which appears to be terrified of street mobs, willing to suppress the police, and cooperates with gangs to restore order.
what do you expect from a city that is run by women....if wasn’t for the governor the place would still be burning....
Detroit police chief James Craig gave a good talk on business and what is needed to bring it back to Detroit.
He was saying that business must feel welcome and safe and pointed to Ferguson and Baltimore as what scares business away. While it has been 50 years since there was rioting in Detroit, Craig said that they have a bad habit of making demands on business that puts them on an adversarial footing. He said its time to stop angrily waiting for business and political leaders to reach out to us and put on a smile and reach out to them for once. Basically, make your neighborhood safe and create a demand for business.
He also said they need to stop worrying about black owned business vs white owned business. In the free market, the only color that matters is green.
It was a fantastic experience. Everything about how Baltimore handled the cruise and the cruisers got rave reviews. The hotel staff and the staff at the port were all professional and competent, and a lot seemed to be residents of the city.
The money and positive reputation the city was getting from these thousands of people passing through every week is now threatened. How dumb is that?