Almost two years ago I speculated about whether a bad economy might lead to rising crime in 24-hour cities and lead to quality of life declines, possibly even a return to the scary bad old days of unsafe streets—mugging and murder mayhem. Aside from modest upticks in murder rates off rock bottom generational lows in some cities like New York and Washington DC, we’re a far cry from “Death Wish” and “Mean Streets” days. In the last year violent crime has even dipped in Chicago.

But how long can that last if the poverty rate continues to rise, states continue to shut down prisons to save costs, cities shave police forces to stanch red ink, and demographics propels a bulge in young adult echo boomer males, the most likely age cohort to commit violent crimes?

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.