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pretzel_enjoyer t1_j262ays wrote

The forthcoming recession will slow down or altogether halt plenty of the construction projects.

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Gabagoo44 t1_j26hhtl wrote

Exactly, I’m sure there will be growth after the recession but next few years are not looking great.

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Lubbles t1_j29oaze wrote

Some of phillys best years were the last recession. Relatively speaking i think philly does well in recessions because it is a cheaper city near expensive ones

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Hashslingingslashar t1_j2as1f5 wrote

Historically Philly does pretty well in recessions. A lot of people who left for NYC/DC/Boston come home, people move here to take advantage of the lower COL. Some of Philly’s best growth years in terms of population were 2009-2011.

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mbz321 t1_j2c3grj wrote

Not sure why you were downvoted, but yeah,we are in for some ugly economic times. Also, Covid is coming back. We're stepping way back to 2020, baby! (/r/coronavirus)

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