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Well the examples I have seen here in France did not work out so well. There were large arrivals of rich, well paid Parisians to cities like Nantes and Bordeaux
by forty 4y ago
Well the examples I have seen here in France did not work out so well. There were large arrivals of rich, well paid Parisians to cities like Nantes and Bordeaux, and it completely messed the local housing market, forcing many people who were living there to leave the city because they couldn't afford the rent anymore. Of course it creates a lot of resentment and tensions.
- criley2 4y agoTo be fair, France and the US are very very different. When we talk about rural areas in the U.S., we're not talking about Bordeaux, one of the most famous and prestigious wine growing regions in the entire world, a literally world famous rural area beloved by the elite of dozens of nations. We're talking about flyover country. The kind of place that rich Parisians would only ever fly over and would never for any reason consider actually going to. We're also talking about having so much space that the idea that developers could mess up local housing markets is crazy! In the US, packing developers together ruins housing markets (see the SF housing market ruined by tech companies) and spreading them out across the other 49 states and ~thousand+ rural locations prevents most out-sized effects, except in a few prestigious places known for elite vacations.