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That's a part of it too, moving to smaller cities, but that's still a massive economic reshuffling. I think you're grossly overestimating the number of people
by betwixthewires 4y ago
That's a part of it too, moving to smaller cities, but that's still a massive economic reshuffling.
I think you're grossly overestimating the number of people that live in cities for reasons other than economic opportunity. That is the entire value proposition of a city, that was the driver that led to urbanization in most countries as they developed. You might be willing to pay 3x as much in rent for the same pay because you like the local chicken place, but I doubt most of your neighbors would make the same choice as you when given the opportunity to reduce cost without reducing income. And when those people leave, all those perks of city life go with them.
- WastingMyTime89 4y ago> That is the entire value proposition of a city … 3x as much in rent for the same pay because you like the local chicken place We are going in circle. Economic opportunities are clearly not the entire value proposition of a city. It’s a very convenient way of living. It’s not about a chicken place. It’s about walking your children to school, being able to go to conferences, to see plays or attend a concert. It’s also just nice to not need a car. It’s very advantageous to just live close to others. I don’t know where you get your 3x from by the way. An average city rent here is only 20% to 30% more expensive than living in the countryside. We are not talking about San Francisco.
- seadan83 4y agoWe all know the big dreams of every 16 year old is to run away and move to the country ;) Just mention this as it is not all economics.