Story excerpt provided by Crain’s Cleveland Business.
Written by Scott Suttell.
Demographer Joel Kotkin isn’t normally kind to Cleveland, Ohio in his pieces for Forbes.com, but this one is a major exception.
“In virtually every regional economic or demographic analysis that I conduct for Forbes, Rust Belt metro areas tend to do very poorly,” Kotkin writes. “But there’s a way that they could improve, based in large part on the soaring cost of living in the elite regions of California and the Northeast. And one of the rustiest of them appears to be capitalizing on the opportunity already: that perpetual media punching bag, Cleveland.”
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Originally published June 5, 2014.