Changes in Demographics
Expensive cities often experience population shifts as middle-income families relocate for affordability. Younger professionals may leave after a few years, seeking markets where their income stretches further.
High costs create a more polarized population structure: wealthy residents remain, while lower-income workers often rely on subsidized housing or move farther from city centers.
Older residents and long-established homeowners tend to stay, while younger adults increasingly commute from more affordable suburbs.
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As diversity in income levels declines, cities risk becoming enclaves for the wealthy, limiting socioeconomic representation.
