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Makes sense. My daughter & her family moved to the outer suburbs of Charlotte, NC where the quality of life is high, affordable, and there is economic opportunity. Thousands of families just like hers continue to move there for the same reasons.
Meanwhile, the cities are being rebuilt with infrastructure work. More new housing being built and young people and retirees moving back for a more interesting life.
I have family just outside 485 loop, they like it, but head to up town for entertainment.
When you have cities passing "Soda Taxes", high income taxes, $15 minimum wages, and other stupid taxes, and restrictions, this is what you get. Especially when they turn around, and squander the money through out of market wages, benefits, and pensions through city patronage jobs. It is unsustainable.
A lot of the article's points are total BS. Claiming that cities are failing because the suburbs have higher population growth.... no sh**, there's no room for more housing in old large cities.
The fact is that cities aren't losing middle-class people because of left-wing politics. They're losing them because as soon as an area becomes attractive to middle-class people, it becomes attractive to upper-class people who eventually price out everyone else. Simple economics.
I will say that in all cities except San Francisco and Manhattan there is housing that middle-class people can afford. There's tons of it in Chicago. But it doesn't fit with what most middle-class people want in this country: newer midsize single-family homes, large yards, quiet surroundings, etc.
Moderate income taxes aren't making people leave cities. If you live in a suburb, would you move to the city if your suburb started its own income tax?
They're losing them because as soon as an area becomes attractive to middle-class people, it becomes attractive to upper-class people who eventually price out everyone else. Simple economics.
It's not simple economics. It's not even a "thing". The rich (there is no "upper class" in this country) do not follow around their economic inferiors.
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