It’s only a question of how to get there.
Jobs, jobs, jobs.
As automation hits the developing nations, education is becoming more and more important.
It’s only a question of how to get there.
Jobs, jobs, jobs.
you should have included Seattle
As automation hits the developing nations, education is becoming more and more important.
But consumers scratching a living off rocks don’t consume much.
What good are 1.5 B consumers if 1B of them can’t afford a small flatscreen? The ideal would be a solid numbers of *quality consumers* who have sufficient disposable income to but the extra stuff.
You get there by creating good jobs *for the people already here*. Or better yet, keep the government from becoming an impediment to job creation.
Keep taxes low and decrease government regulation. The economy will do the rest. It’s not Trump’s economy or Obama’s economy—it’s our economy, and the less they try and ‘fix it’ the better off we all are.
See how easy that is?
Your assertion that NYC is Pacific Coast is incorrect.
When I was young, everyone wanted to live in Seattle. Quickly, it became too expensive for anyone who is young.
This is a rebirth opportunity for the hip cities. It makes me wish I was young (and hip) enough to take advantage of it.
Meanwhile, most trump counties had population highs decades ago. They are slipping deeper and deeper into despair.
When I was young, everyone wanted to live in Seattle. Quickly, it became too expensive for anyone who is young.
This is a rebirth opportunity for the hip cities. It makes me wish I was young (and hip) enough to take advantage of it.
Meanwhile, most trump counties had population highs decades ago. They are slipping deeper and deeper into despair.
while it is expensive lots of young move there from flyover for MS (53,576), Amazon (50,000), Boeing(60,000), Google (4500), Starbucks (4,000) and others
Seattle has been the fastest growing US city lately that honor goes to Tacoma.
And what you choose to leave out about a place like S.F. is that while there is demand we artificially restrict supply.
Too many people want to live in San Francisco and NYC. That is just a fact. There is not enough room for them all, so our society does what capitalist societies do, and drives up the prices until many people cannot afford to live in those places.
Artists haven't been able to live in Greenwich Village(NYC) in decades. It is darn expensive, and hard to swing without a high six figure income.
So if people are driven from San Francisco and NYC, then there are more than enough people to replace them. It might even allow both to get back to more creative, bohemian roots.
This might surprise you, but I agree. Places like San Francisco and Los Angeles could go much higher, and could fit far more people into the limited space. NYC would have trouble fitting far more people into the limited space, but there are areas around NYC that could do far more.
These are artificial restrictions enforced by people who already live there, and own property, to keep out people who want to live there. It takes on a nasty generational dispute too, as we see most of a generation locked out of home ownership.
But it still is supply and demand. Supply is limited both artificially, and by just limited space. Demand for high productivity, hip cities is very high.
In cities like S.F., LA and Seattle much of it is zoned for single family housing which makes little sense today as cities should be more dense and more reliant upon public transportation. Instead our current zoning makes the cities, and our country, less dynamic.
who are they?
What amazes me is NYC continues to grow. Where are they finding the room? It is one of the most densely populated cities, and is not geographically growing. They keep finding more ways to fit more people into that same tightly packed area.
In 1980, no one knew how it could fit that many people. Now it is 20% larger.
I know it is not growing as fast as many other cities, but those other cities had a lot more room to grow into. NYC has no room to grow into.
Even Manhattan has grown by 14% since 1980. They added a few acres to it in the 1970's, but other than that it has not changed in size.
Walt, considering you tried to tell us that two homes worth $300K each actually totaled multi-millions of dollars I don’t know that I’d be lecturing others on math or values.
And what you choose to leave out about a place like S.F. is that while there is demand we artificially restrict supply. You reference capitalism but in a true capitalist market we would allow new development and thus help reduce the massive price increases we have seen.
In cities like S.F., LA and Seattle much of it is zoned for single family housing which makes little sense today as cities should be more dense and more reliant upon public transportation. Instead our current zoning makes the cities, and our country, less dynamic.
There is lots of room for growth, especially in the Bronx, specifically the south bronx...
It will be a gold mine one day...........
I wonder where growth is not restricted in some manner in a modern city>>
I guess artificially means restrictions we don't agree w/??