These two factors together make it possible, for the first time, to agglomerate economic activity virtually. Could the next big tech region be built on the internet? All it needs is one big push.

WFH is here to stay, so people are moving to higher quality-of-life cities

Starting around 2006, young Americans seemed to be turning against the suburban lifestyle and flocking instead to city centers. Meanwhile, immigrants and the urban poor were moving out to the suburbs—a phenomenon called the Great Inversion by the urbanist Alan Ehrenhalt. But then population growth rates in America’s suburbs started outpacing those

... See more

Today’s major tech companies are signaling that people don’t need offices to maintain operational effectiveness. If this sentiment maintains, these tech companies may no longer need Los Angeles, San Francisco, New York, or Boston as talent-generating headquarters. Instead, they can move to cheaper suburban or rural areas of the same city or another... See more