The good news is that it isn’t too late for Cincinnati to learn from Seattle’s mistakes and make the changes anyway. If the city council in Cincinnati doesn’t learn this lesson, they’re consigning people with less money to spend, mostly renters, face rising prices in the years ahead.
The pandemic caused millions to lean in to good old-fashioned bad behavior. Two years later, business has never been better for cannabis, gaming and porn—and the high times are here to stay.
The greatest concern is that punitive regulation, rising costs and prices of materials, and greater demand will create rapid inflation, which, tragically, would lead politicians to even more punitive measures and pouring even more money into subsidies.