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>Economic growth continues to be concentrated in a few metros Doesn’t that actually prove the op’s point? People are not moving away from the metros in which t
by JambalayaJim 3y ago
>Economic growth continues to be concentrated in a few metros
Doesn’t that actually prove the op’s point? People are not moving away from the metros in which their families are, so of course the largest metros would grow larger.
Personally I am very very hesitant to move cities for an economic opportunity. And that is entirely for financial reasons; if something happens to me, at least I can easily move back in with my parents.
- Manuel_D 3y ago> People are not moving away from the metros in which their families are... That's assuming people's parents are already in the desirable metros, which is often not the case. These metros are experiencing a net increase from migration (except during COVID), so more people are moving in than out. Internal migration is disproportionately done by young people, so parents or aspiring parents of young children are likely moving away from grandparents. The "I have to move to NYC to get a job" ethos remains strong, though there was a pronounced drop during COVID young people are still much more likely to move than other demographics and their destinations are primarily the large cities: https://www.census.gov/library/stories/2022/07/theres-no-place-like-home.html https://www.census.gov/library/stories/2022/07/theres-no-pla...