I just think of the scenario of what happens when even the sun belts become expensive (time frame, IDK, but lets just say 30 years from now). At the current rate, especially with education, which "education" is a code word for just getting one's foot in the door, how younger folks will manage with absurd costs and similar pay structures that haven't changed in ages.
Our economy is quite diverse, well... very diverse, with differences in pay structure, but I just think that the current trend of prices rising (food, housing, utilities, education, and so on), some of our metros are going to be in for a rude awakening.
In other words, let's think LONG TERM, and what is going to happen when the sun belts become another NJ or California or "X" expensive area. Yeah folks can migrate, and businesses can move to the future metros X,Y,Z... but this cycle if continued is only going to ravage some of our metros and really lag their growth.
We see slow downs relatively speaking in the NY-Tri State area compared to the Sun Belt areas, but when those sun-belt areas become another Tri-State in terms of prices, something has to give.
This constant pattern of folks migrating will eventually be to the detriment of all our core urban areas. A systematic failure of universally not addressing housing, and general cost of living for our cities.
In a way, I think long term, the American model will fail. I just can't see how it will sustain itself if our population grows without leading to massive bs. Our cities will continue to grow slow compared to the rest of the world and the core reason is our inability to lower the main issue that is a financial strain on many, and that is housing and another big problem, the cost of education.
Automation AND AI is going to be a cluster fuck that will f us in the butt big time. Its not sustainable if we want a society that is well off or not struggling. I mean if we just turn a blind eye, some will be okay, many will not.
I think eventually, we will, if we want to grow, require government housing for folks. Especially for some metros that have clearly failed in addressing the cost of living and housing issue. Its just asinine to think that the US can't address this issue. And it the same trend in a lot of metros.
Last edited by chris08876; May 23, 2020 at 6:31 AM.
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