Quote:
Originally Posted by BabydaddyATL
I have no idea what you are trying to say.
Atlanta has the second highest commutes in the country. What does this mean? They don't give a damn about gas prices, they don't live where they work and they prefer to live in a big suburban home a opposed to a smaller house in the the city.
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It means that transportation has been very cheap throughout the city's growth, which has led to an extremely high degree of spatial variability in the ratio of jobs to residents across different areas. Now that transportation is more expensive, there is a new force in play that will encourage the ratio of jobs to residents to become more uniform and closer to 1 across the board.
Whether this force is a major impact or a minor impact is debatable, but it is undeniable that such a force exists. To the extent that the force exists, it will cause areas dense with jobs to attract people, and areas full of people to attract jobs.
Economically, the unit labor cost of employers in a job-heavy region will inflate more quickly than the unit-labor cost of employers in a more residential area. Residents will seek the inflated wages, and employers will avoid them. This process will be hampered by the long-term nature of employment and real estate infrastructure, but parties on both sides of the equation will begin to react; that is, unless the whole world suddenly stops caring about money.
And if you think Atlanta would look exactly the same if gas had cost 3x more for the past few decades, you're crazy.