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this post was submitted on 21 Sep 2023
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I don't understand why these people don't just leave those economies of the big cities that they can't afford to live in... and before anyone piles on I do agree that people should be making more money and things should be more affordable but to live like this versus living much better elsewhere for the same amount of money seems like a fairly easy choice
Jobs, careers, medical realities, cost of moving itself, etc. Basically structural reasons to our society. The rural areas are offloading jobs to the cities. They have been since World War 2. So while it might be feasible for someone in a Goldilocks zone of having the money to move and not having their career yet, most people aren't in that zone.
If people don't leave people won't make more money. Market is saturated because everyone wants to live in the big city no matter the cost, and most of them want to work in tech.
If 50% of them left for smaller towns wages would go up and housing would go down. But no young tech workers want to live in a small town.