SUPER CITIES LOSING THEIR LUSTER

#SuperCities #Seattle #KingCounty #SantaClaraCounty #MovingOut
For the first time in at least a decade, 4,868 more people moved out of King County, Wash. – home of Seattle and Amazon – than moved in.
Santa Clara County, Calif., home of Silicon Valley, lost 24,645 people, its ninth consecutive loss.
These figures from the U.S. Census Bureau were featured in an article by Eduardo Porter for The New York Times. It was also published June 2, 2019, in The Atlanta Journal-Constitution.
Eight of the 10 largest metropolitan areas in the country, including those around New York, San Francisco, Los Angeles and Miami, lost people to other places in 2018, the article says.
Thirty of the 44 largest counties, with populations above 1 million, recorded more domestic outflows than inflows of people in 2018, according to the article.
As the article points out, these big metro areas offer more opportunities for highly educated people. But, moving to opportunity it not what it once was, the article says.
“Big cities have lost their luster for workers without four-year college degrees. They will make no more than they would in, say, small-town Alabama,” the article quotes Massachusetts Institute of Technology economist David Autor. His work was part of another New York Times article by Emily Badger and Quoctrung Bui, Porter’s article says.
If folks cannot get a big enough pay increase to offset the higher cost of living in those big cities, there seems little point to move there.
That begs the questions: where do YOU want to live? Do you live there now? Are you able to move?
What if you could live anywhere you wanted? What if the cost of living there didn’t matter to you? What if the job opportunities didn’t matter to you?
Well, there are plenty of vehicles out there that will allow you to potentially increase your income by devoting a few part-time hours a week. You just have to open to checking out something that you may have never thought you would do. If you’re in that mind-set and want to know about one of the best such vehicles, message me.
There are certain reasons we may live where we live. A job, family, friends etc., create attachments for us.
Plus, moving can be scary to some. Living some place where you don’t know a soul can be daunting. To others, the adventure of moving to a whole new place can be exhilarating.
What’s important is whatever makes a person happy. For some, who can’t change the people around them, changing the people around them — meeting all new people – may be just what the doctor ordered.
Cost of living can be important. Paying three times as much – or more – for rent or a house that’s basically the same as the one you left may seem ridiculous. Ironically, some of the most expensive areas to live are some of the most fun and opportunistic. Their desirability may have a lot to do with why they are so expensive.
Remember, rents and house prices usually are set at what the market will bear. The more desirable a location, the more expensive it likely will be.
So explore your options – if you dare. There are ways that will allow you to live wherever your heart wants you to.
Peter

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