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I don't remember actual numbers decreasing, but you heard a lot about "white flight" to the suburbs. There was a famous headline concerning the city's financial woes and bankruptcy:
(President) Ford To New York: Drop Dead
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I don't remember actual numbers decreasing, but you heard a lot about "white flight" to the suburbs. There was a famous headline concerning the city's financial woes and bankruptcy:
(President) Ford To New York: Drop Dead
Was the city depopulating in the 70's, like it is now?
The most concerning possibility is that they enter a fiscal death spiral like Detroit did during the last financial crisis.