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Started By
Message
Nashville is dead
Posted on 5/13/21 at 11:30 pm
Posted on 5/13/21 at 11:30 pm
LINK
quote:
For more than a decade, Nashville, Tenn., has been one of America’s hippest and fastest-growing cities. Anchored by the country-music industry and boosted by a hospitable state tax climate, the city and surrounding region attracted businesses and residents. While its music scene made it a tourist mecca, Nashville also lured a generation of college-educated transplants, earning a position as one of the country’s new “brainpower cities.”
quote:
These days Nashville is making its way onto other, less distinguished lists. The Institute for Truth in Accounting recently ranked it one of the country’s five worst “sinkhole” cities, with $22,000 in debt per resident. Its bonded debt alone has increased by more than $1.25 billion in 10 years. City leaders have used deficit financing to balance Nashville’s books and spent much of the city’s reserve funds. The Tennessee comptroller has threatened a state takeover, and even the Biden administration’s lavish stimulus isn’t enough to plug Nashville’s budget hole. Amid all this, angry local groups are trying to spur a special election to roll back a gigantic property tax increase. What was once called a miracle in Music City increasingly looks like a meltdown.
quote:
Still, Nashville had trouble making do. Its leaders cultivated an ambition to make it a world-class city. Nashville built bright, shiny new things with debt. It spent more than $600 million to construct the Music City Center with bonds financed by hotel taxes and other fees. City leaders also built a minor-league baseball stadium for $91 million and a downtown amphitheater that cost $52 million. Now they have pledged city debt to help construct a $275 million soccer stadium.
Posted on 5/13/21 at 11:34 pm to RedRifle
It’s been overrated for a good 5+ years now. Anyone with any knowledge has known Nashville has seen its better days as the ‘hip new city’ and the excitement has worn off.
Posted on 5/13/21 at 11:35 pm to SuperSaint
quote:
It’s been overrated for a good 5+ years now. Anyone with any knowledge has known Nashville has seen its better days as the ‘hip new city’ and the excitement has worn off.
If SuperSaint hates it you know it’s probably awesome
Posted on 5/13/21 at 11:36 pm to RedRifle
I love Nashville!
-Someone that occasionally goes there to spend $500
-Someone that occasionally goes there to spend $500
Posted on 5/13/21 at 11:37 pm to RedRifle
And now I'm glad I didn't know
The way it all would end, the way it all would go
The way it all would end, the way it all would go
Posted on 5/13/21 at 11:39 pm to CatfishJohn
quote:I don’t hate Nashville. I actually enjoy Nashville. But some people act like it’s the end all be all of cities, which in turn gives me the opinion that it’s highly highly over rated.
If SuperSaint hates it you know it’s probably awesome
Posted on 5/13/21 at 11:39 pm to SuperSaint
People who like to shite on Nola love Nashville
Posted on 5/13/21 at 11:40 pm to LaBR4
quote:
And now I'm glad I didn't know
The way it all would end, the way it all would go
Baw, don't tell me you missed the dance...
Posted on 5/13/21 at 11:40 pm to RedRifle
quote:
I gave up on Nashville a long time ago
Yeah, but here I go, Lord, once again, here I go
Posted on 5/13/21 at 11:47 pm to RedRifle
Aren't they about to give a huge incentive package to Oracle?
Big mistake if so
Big mistake if so
Posted on 5/13/21 at 11:49 pm to HerkFlyer
quote:
Baw, don't tell me you missed the dance...
You haven't been living on The Wrong Side of Memphis have you?
Posted on 5/13/21 at 11:51 pm to rebel cat
quote:
Atlanta is the way to go.
What kind of 'go' are you talking about? New Orleans would also be the way to 'go'
Posted on 5/13/21 at 11:52 pm to RedRifle
The only time I've been to Nashville was around a week or two after 9/11 had happened. Only got to see the Parthenon and my dad wanted to go to Bass Pro of all places. The Tigers were playing in Knoxville but I was already in Gatlinburg with my parents.
Posted on 5/13/21 at 11:56 pm to LaBR4
quote:
You haven't been living on The Wrong Side of Memphis have you?
There's no turning back, I've gone too far
Posted on 5/14/21 at 12:08 am to RedRifle
Bro, do you even Brentwood?
Posted on 5/14/21 at 12:22 am to RedRifle
all southern cities are doomed
Posted on 5/14/21 at 12:23 am to adamau
Any frick hole that tries to compare any city in our horrible fing state to nashvillle is a f ing moron.
Spend a bunch o time there and it is light years ahead of any shithole in our state.
Spend a bunch o time there and it is light years ahead of any shithole in our state.
Posted on 5/14/21 at 12:32 am to RedRifle
If Nashville is dead, then Baton Rouge and New Orleans are rotting carcasses on the side of the road.
But I don't really get the premise that a city with debt is dead. What's that even mean?
But I don't really get the premise that a city with debt is dead. What's that even mean?
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