Question of the Day: Where are more people moving: cities or suburbs?
Answer: Suburbs
Questions:
- Where do you think you would like to live after you leave home: cities or suburbs? Explain your answer.
- What do you think are two factors that may be leading to this migration to the suburbs?
- Where do you think the cost of living is higher? Explain your answer.
Behind the numbers (WSJ):
America’s big cities continue to grow, with their population rising 0.7% in 2017. But that growth is now on par with the country on the whole after years of outpacing it, and is primarily because immigrants keep arriving there. In the past five years, large U.S. cities have gone from drawing people from the rest of the country to in 2017 losing 437,000 domestic migrants as residents flow to suburbs or uproot for midsize cities.
About the Author
Tim Ranzetta
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
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