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Why Allan Domb Is Upbeat About Philadelphia’s Economy

Opinion

The developer and former City Councilperson knows a thing or two about finances. Here’s why he’s bullish on the economy in Philadelphia

Allan Domb is bullish on Philadelphia’s economy. / Photograph by Linette & Kyle Kielinski

Why am I bullish about Philadelphia’s economy — and Philadelphia’s future overall? The number one reason is simple: Cities never die.

Yes, they go through down periods occasionally — sometimes big ones. Philadelphia suffered greatly in the late 1970s and 1980s, when our population was dropping and crime was growing. We’ve faced more challenges in the past few years, thanks to COVID and all the issues it brought with it. But in my experience, whenever cities…

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