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Yeah, I don't know how to get out of that dilemna. It's a behavioral change for the whole society with big impact: if your parents moved from LA to Dallas to es
by majormajor 5y ago
Yeah, I don't know how to get out of that dilemna. It's a behavioral change for the whole society with big impact: if your parents moved from LA to Dallas to escape rising costs (as a friend of mine's did in middle school), where do you move when the rising costs come for you? Why aren't there new destinations in the same way?
Or is it that now that the prices are up in so many places, the behaviors will revert back?
Is it gonna be places like Boise post-Covid? Will anyone do that same level of massive development? Would they be allowed to?
- onionisafruit 5y agoMaybe we just need to emulate my ancestors and move on to the next opportunity every 20 years. All I want at this point is to be near my grandkids. I don’t care where that is.
- lotsofpulp 5y ago> Why aren't there new destinations in the same way A few possible reasons that spring to mind are population growth, high quality information quickly traveling around the world rapidly removing arbitrage opportunities, automation and outsourcing obviating certain businesses in certain areas, technology and automation allowing economies of scale such that big only get bigger and suck the air out of the room for small players.