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To me, it sounds as simple as everybody does what he thinks is best for him: 1. Companies are founded in the big cities, to have access to talent 2. People mo
by arendtio 7y ago
To me, it sounds as simple as everybody does what he thinks is best for him:
1. Companies are founded in the big cities, to have access to talent
2. People move to big cities to have access to better jobs
As long as the benefits outweigh the cost, the chances are small that anything changes...
- jefftk 7y agoWhere this simple model fails is that existing residents oppose the construction of additional housing. Housing prices rise, fewer people can afford to move there, and renters with lower paying jobs get forced out.