Skyscrapers have an 'unhealthy' link with impending financial collapse, according to banking experts. [...]
Researchers pointed to the fact the world's first skyscraper, New York's Equitable Life building, was finished in 1873 during a five-year recession, while the Empire State Building coincided with the Great Depression.
— dailymail.co.uk
2 Comments
Empires get too big then they collapse. This has always been the trend throughout history. Since architecture is a physical reflection of empire, this makes sense.
Banks require a proven market for a developer to leverage institutional funds. The capital used is often from inflated stock. It is cyclical, when overvalued stocks are about to burst investors put the money in dirt. Or so I am told. You'd be better off asking a richy for the whole story.
Block this user
Are you sure you want to block this user and hide all related comments throughout the site?
Archinect
This is your first comment on Archinect. Your comment will be visible once approved.