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by barcadad
2139 days ago
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There is a great deal of research (eg., see Enrico Moretti and Ed Glaeser) that documents that you’re statement isn’t accurate. There are very strong network effects of educated cities, and unless you believe all future post-COVID network will be over Zoom or Slack (which feels rather dystopian), then post-COVID cities will do just fine. In fact, you could argue that what will suffer is living close to suburban office nodes in order to save commute times. Even more young people may choose to live in cities if they can avoid the schlep out to their suburban office (think Google bused from SF to Mountain View, but where you only need to take them for big meetings in the office rather than every day). |
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According to the research you mentioned[1], the "network effect" you mentioned raises wages moderately for uneducated people and a little for educated people. But still nowhere near enough to account for the astronomical rent prices in a city.
They also show that educated cities grow faster than uneducated cities, but don't make a comparison to smaller towns and suburbs.
I see no reason why cities are objectively better. They are convenient for some segment of the population, and they are very unenjoyable for some segment of the population.
[1]https://gulzar05.blogspot.com/2011/02/ode-to-cities.html?m=1