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New York Times ran an article yesterday saying otherwise. First tier cities, in terms of size, are losing people, but second tier cities are growing. The cost o
by bertday 3y ago
New York Times ran an article yesterday saying otherwise. First tier cities, in terms of size, are losing people, but second tier cities are growing. The cost of living in the largest cities puts a negative force on moving to them.
- ericmay 3y agoDoesn't that demonstrate the OP's point? The first tier cities are getting more and more expensive (partially or perhaps primarily do to employment opportunities - i.e. safety) and instead of moving "away from a city", people are moving to other less expensive cities with employment opportunities which, as they grow, become more expensive and repeat the process. And also you have to compare to trends over time.
- HDThoreaun 3y agoI believe that was only educated workers. Metropolis's are still growing from uneducated workers.
- abruzzi 3y agoI think the parent post's point is not that its less likely to get laid off, but rather that there are prospects for employement that don't require relocation when you de get laid off.
- alephnerd 3y agoClass and Industry segmentation probably plays a role in tier 2 city growth as well. For example, high value manufacturing in the Bay Area (eg. chiplets, electronics) got priced out to San Joaquin Valley and helped lead to the growth of Sacramento; Bay Area tech new grad salaries got so inflated that internships, new grad, and H1B roles in Sales, Professional Services, and SWE started relocating to Austin and Dallas in the 2010s; and back office roles in Accounting+Finance began moving from NYC to Charlotte in the late 2010s as salaries for those roles began breaching the 100k mark in NYC. If I'm someone specialized in Solutions Engineering or Back Office work, I'd probably find a comparable amount of job opportunities in Austin or Charlotte as I would in the Bay or NYC, with the added benefit of affordability.
- bakuninsbart 3y agoI can't find the NYT article, in the US it seems like LA, SF and NYC specifically are shrinking a bit, while other metropoles are still growing. In Europe this doesn't seem to hold true at all, with London, Paris, Berlin and Madrid all growing quickly. As you correctly point out, there's an equilibrium between cost of living and the advantages large cities are offering. Here in Berlin we are starting to feel the pressure hard, but it is still much cheaper than the other big European cities, and thus growing by 200k a year.
- alephnerd 3y agoIn Western Europe, you have the primary city effect which is causing London and Paris to grow like crazy. For non-tech people, you are hard pressed to find well paying professional job opportunities outside of London and Paris in the UK and France respectively, and businesses began leaving Barcelona for Madrid after the political instability caused by the Catalonia Independence referendum. Berlin's is probably the only major example I can think of a city growing due to actual growth opportunities, but then again Germany is also a much healthier economy than most of Europe. The US on the other hand doesn't have a primary city in the same manner that most of Europe has - the US economy is pretty decentralized across multiple hub cities (Bay Area, Los Angeles, San Diego, DC, NYC, Boston, Chicago, Phoenix, Atlanta, Dallas, Houston, Denver, Seattle) the same way Germany is (Munich, Frankfurt, Berlin, Hamburg)
- brewdad 3y agoWe do get a primary city effect at the state level in many cases. At that point it can be a bit like jumping from Paris to Berlin. Perfectly easy to do for EU citizens assuming you can handle the life upheaval and expense. At least the US doesn't have the language barriers to deal with.
- alephnerd 3y ago> a bit like jumping from Paris to Berlin. Perfectly easy to do for EU citizens assuming you can handle the life upheaval and expense This is a MASSIVE assumption to have. The language barrier you brought up has a massive impact for example, along with other smaller intricacies (eg. Taxes, Drivers License, Immigration depending on your nationality, bureaucratic experience, etc). Moving from Paris to Berlin or Oulu to Varna isn't some walk in the park. And several states don't have primary city effect either (eg. CA, TX, OH, FL, NC), and bureaucratic norms in most cases within the 50 states are normalized for individual cases.
- ghaff 3y agoIt's hard for me to justify living in one of the most expensive cities unless it's connected to employment in some way (or I have more money than I know what to do with). Yes, they're often nice (in some ways). But a lot of smaller cities have nice walkable cores if that's your thing. Or you can just visit big cities now and then if you want to.
- whiddershins 3y agoI intellectually believe that could be true but NYC anecdotally seems more crowded and is definitely more expensive than ever before.