[so33]

> As evidence, he pointed to data from real estate companies that showed less interest in California, New York and New Jersey as well as slowing searches for homes in larger cities

This isn’t good evidence for the argument. People who live in cities primarily rent.

As an aside, I do think that a move to smaller cities will help strengthen the American economy overall, similar to the distributed small-cities economy that you see in Germany, where no one city has the primacy and pull of NYC.