Earlier quoted context omitted.
The Bay Area was nothing in the 80s either. NYC wasn’t even a desirable place to be during that time either. People who pick just what’s attractive at the moment are pretty short-sighted and I have no sympathy for them.
> People who pick just what’s attractive at the moment are pretty short-sighted and I have no sympathy for them. What's attractive and what's viable are often two separate things. NYC is not viable for someone making $40k a year, but neither is moving to the Rust Belt where their "options" are working part-time in department stores or literal crime. Something tells me that this is a situation that can't be won in som…
Remote work would also have a cascading effect. Say 20 people move to a rural area, well they need food, and their vehicles fixed, and their house maintained, etc. They need to fund their hobbies and generally would bring more money to those areas. Big cities with a lot of power don't want that to happen because they will lose their tax base. I suspect some city governments are incentivizing businesses to bring employees back to the office because of this.