That sounds simple enough but I don't think you've factored in the long term state this transition would converge to in terms of effect on the local population.

That sounds simple enough but I don't think you've factored in the long term state this transition would converge to in terms of effect on the local population. Talent pull drives up prices, predictably displacing the local population. London to an extent already has seen this with the result now spreading to neighbouring areas (Milton Keynes, Beds, Slough). Geographically, northern and midland cities tend to have far smaller centres with satellite villages linked by bus systems.