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There has been an over 10,000 year trend toward urbanization. Nothing like this has ever happened before. It can't work on so many levels. Also consider red st
by nickbauman 10y ago
There has been an over 10,000 year trend toward urbanization. Nothing like this has ever happened before. It can't work on so many levels.
Also consider red state economics work well for the youthful poor, too. Housing is much more affordable than places like NYC or SF or even Chicago. I live in Minneapolis. I would be taking a huge pay cut to live in a tiny place in any of these big cities. But then I don't want to move to Louisville, either.
- seanp2k2 10y agoBut you'd probably also make 2-5x working in a city, assuming you're doing something like tech, finance, real estate, etc. Everything locally costs more, rent costs more, but there's still more dollars left at the end of the month. Cars still cost the same. Buy a house somewhere you want to live, work in a city for a while while renting the house, then move into your paid-off home elsewhere after 3-5 years.
- nickbauman 10y agoIn SF, I'd only make 10-20% more than MPLS. But my housing would be 2-5x. This is a pay CUT. Louisville it's even more extreme. I might get a 30-40% pay raise, but my housing would be 3x-8x.