Quote:
Originally Posted by Crawford
I don't buy it. There are very few people deciding between Manhattan and exurban North Carolina.
The people I know who have moved from the NYC area to North Carolina, Texas, Florida, are almost all working class, suburban, and living in cheap areas with unremarkable schools . . . .
Cities have always been playgrounds for the rich. The move to the Sunbelt is a fairly recent phenomenon, and likely has zero to do with the desirability of urban cores or school quality.
The most expensive areas in the Northeast are generally the fastest growing, BTW. NYC, inner suburbs of NYC, DC and wealthy parts of MD and VA, and Boston and inner suburbs of Boston, are the fastest growing areas. The cheapest areas along the Northeast Corridor have almost all the population loss.
|
Any of your friends named Donald Trump? He'd obviously rather live in Florida than Manhattan--it's where he goes every weekend. But how many people over 55 do you know? Nobody moves when they are still working.
I am on the other end of the pipeline, having lived in Florida, North Carolina and Arizona . . . and having known a lot of former northerners there (northeasterners tend to go to FL, northern Midwesterners to AZ). Yeah most of them are middle class that move full time. The more affluent just have second homes in the sunbelt. Take a look at the demographics of places like Kiawah Island, SC, Asheville, NC, John's Island, FL, Scottsdale, AZ, Paradise Valley, AZ etc some time.
The "wealthy areas" of the northeast may be growing but not necessarily with wealthy people. When I was growing up in Montgomery County, MD it was purportedly the second wealthiest county in the US. No longer by a mile: a lot of immigrants have moved in since my high school days.