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"This dynamic changes the housing markets of these cities, too, with big cities getting more expensive as more high-wage workers migrate there, and low-wage wor
by southphillyman 9y ago
"This dynamic changes the housing markets of these cities, too, with big cities getting more expensive as more high-wage workers migrate there, and low-wage workers leaving cities to seek more affordable housing in the far-away suburbs they can afford. Now that the dust of the recession has cleared, it is evident that the geography of poverty has changed in America."
There was just an article posted here a couple of weeks ago about a woman who was pushed out of LA and moved to Hemet while continuing to commute to LA for work. IIRC the woman was in her 50s and still renting in Hemet despite the lower housing costs. There are no jobs in cities like Hemet but you'd expect that a significant enough number of LA expats moving there would revitalize the local economy some what, just from the higher earnings of super commuters.
- lazerpants 9y agoI think most people who would traditionally move to further flung neighborhoods to buy are those who are just getting started with families. However, most people aren't willing to commute that far in painful traffic. Anecdotally, my wife and I are more willing to relocate to Austin or Denver than to NJ or Westchester (this is from NYC). I imagine many other young, moderate income, residents of high population cities feel the same.
- s73ver_ 9y agoFor that to happen, those people would have to be spending money in Hemet, and not just at the grocery store or the gas station. They'd have to be dining out in restaurants in Hemet (local ones, preferably, not just fast food chains), going to bars in Hemet, buying things in little shops in Hemet, etc. As it stands, a lot of these people are probably still commuting to LA, not just for work, but for their leisure as well.
- rdiddly 9y agoYeah I was like "Hemet, Hemet, now where have I heard of that town before?" Didn't find the HN discussion (gave up rather easily) but this is the LA Times article: http://www.latimes.com/local/california/la-me-lopez-commute-cherry-20171216-story.html http://www.latimes.com/local/california/la-me-lopez-commute-...