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Ideas like HS2 pushed by the new Tories are also just making it possible to live in the north and yet still work in London . . . I would also argue that it all
by goodcanadian 7y ago
Ideas like HS2 pushed by the new Tories are also just making it possible to live in the north and yet still work in London . . .
I would also argue that it allows businesses and industry to operate in the north without the location penalty. In other words, it effectively brings the areas served closer together. I won't argue whether it is the best solution, but it isn't as harebrained as some of the detractors try to imply.
- sleavey 7y agoI don't get this "location penalty" idea. We have the internet. Businesses already operate globally without the need to constantly fly upper management around the world. The problem is that the talent live in the south east because that's where the jobs are. It's not about the transport links between the south and the north, it's the lack of well compensated jobs in the north to attract business there because of all the other reasons.
- goatinaboat 7y agoAnd the only way to break the cycle is to stop building more houses in the South East.
- goodcanadian 7y agoWhy does ycombinator want applicants to move to the Bay area? Whether it makes sense or not, the location effect is real. Improving transport links increases the size of the "local" area allowing the network effects to reach farther.