Leaving college a little more than 10 years ago, my ideal at the time would have been to move to one of these towns and start a small business, and I have friends who went a similar route. Having grown up with parents who relied on a small business in a seasonal town, I think I also had a reasonably good sense of what that life would look like. I instead opted to move to a major city and invest in building a career.
Looking back, personally I don’t regret my choice. The direction remote work is taking us in is one where there is more pressure coming from high earners in what used to be low cost markets.
Right now, this is painful if you live in one of these places. What could have been the first homes for a lot of folks living in these areas are second/weekend homes of folks who live in major cities within driving distance. It pains me to say this, but I think putting the time into a high-earning career up front has left me in a better position to live the life I want to live in one of those towns vs. my friends who have been there all along and are starting to struggle.
On the flip side, a shift toward remote work will hopefully open the playing field somewhat for them to find their way into higher earning roles. The unfortunate side effect is that there’s more pressure to embrace the change and get into the rat race for the highest possible income you can find.