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> * Cost of living only works for so long. We've seen areas in the last decades that have an influx of population and they usually see a corresponding increase
by nerdponx 4y ago
> * Cost of living only works for so long. We've seen areas in the last decades that have an influx of population and they usually see a corresponding increase in COL. There are approaches governments can take to slow down the growth of COL, but it seems inevitable.
This IMO is the big issue though. Governments need to be aware of long-term population trends as stay ahead of them when it comes to planning. I consistently feel like local governments find themselves surprised at demographic changes that have been obvious for several years.
- chasd00 4y agoyeah get behind on population growth and you'll never get caught up. This happened to Austin, the city just put its head in the sand and wanted to stay a small town forever. Now they're hopelessly behind building out the infrastructure to support a population growing at an ever faster rate.