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by bakuninsbart
1124 days ago
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I can't find the NYT article, in the US it seems like LA, SF and NYC specifically are shrinking a bit, while other metropoles are still growing. In Europe this doesn't seem to hold true at all, with London, Paris, Berlin and Madrid all growing quickly. As you correctly point out, there's an equilibrium between cost of living and the advantages large cities are offering. Here in Berlin we are starting to feel the pressure hard, but it is still much cheaper than the other big European cities, and thus growing by 200k a year. |
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Berlin's is probably the only major example I can think of a city growing due to actual growth opportunities, but then again Germany is also a much healthier economy than most of Europe.
The US on the other hand doesn't have a primary city in the same manner that most of Europe has - the US economy is pretty decentralized across multiple hub cities (Bay Area, Los Angeles, San Diego, DC, NYC, Boston, Chicago, Phoenix, Atlanta, Dallas, Houston, Denver, Seattle) the same way Germany is (Munich, Frankfurt, Berlin, Hamburg)