← Back to context

Comment by jodacola

14 days ago

I understand where they're coming from, though.

If I pulled the trigger, it would be to a similar CoL location, but that still gets to their point: if many people do the same, prices go up. Housing availability goes down. And all the knock-on effects that could result in "gentrification."

How do I balance that (and all sorts of other things) with my desire to keep my family safe and give my children a chance at a solid future, though? I'm not sure, which is why I feel so much consternation and a need to gather more information to inform how I'll decide to act in the future.

> If I pulled the trigger, it would be to a similar CoL location, but that still gets to their point: if many people do the same, prices go up. Housing availability goes down. And all the knock-on effects that could result in "gentrification."

Precisely. You don't need to put gentrification in quotes. It invariably happens. And it gentrifies both the locals and the recent immigrants.

> How do I balance that (and all sorts of other things) with my desire to keep my family safe and give my children a chance at a solid future, though?

From the dynamics that seem to go around such white-collar immigration for these reasons, there doesn't seem to be a way to prevent gentrification and CoL rise. The only exception may be going to places that sorely lack people, like the American North Midwest - places that not only risk depopulation, but also places that can carry immense amounts of people and are open to development.

The majority of the world is not like that. The majority of European population centers are squeezed between river valleys between mountains or short strips of land between the mountains/hills and the sea. And they are already built to hell. The depopulated mountain regions of such places could use some people, but they can in no way handle the amount of emigration that the richer countries seem to be generating. That is one reason why Europe gets higher CoL and gentrification so fast from such immigration.

South America fares a little better because it has at least some more space, but it suffers from the same in the end: The desirable locations are limited and the immigrants go to those locations, causing skyrocketing costs.

Looking at Asia and Africa, it may be a little better because in certain locations there are vast spaces and major cities that could handle immense amounts of people and could use development, but those don't seem to be popular destinations for such white-collar immigrants.

So it again comes back to the US: The 'flyover country' between the coasts in the US is an immense space that is open to a level of development that no other place on the planet can provide. Most of that space seems to be occupied by either unused public land, or by the cattle industry. There was recent research that detailed how the cattle industry sits on top of a gigantic amount of land almost for free despite propping itself up with government subsidies and how it could solve the housing woes of the US and provide unparalleled development. But until citizens, investors and planners start putting pressure on politicians to offset the influence of the cattle industry lobby, that land will keep propping up the cattle industry instead of being used for urban development.