RE: Starlink: Helping To Pop The Artificial Urban Real Estate Bubble?
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It will, even if the process will be slower than people estimate.
Why, because the families with kids will stay longer in an urban area, that is developed, has good roads, mass transit and different perks of life.
One of the things families look into, is healthcare, at least in Europe, where everyone pays for it, people will want to have it as Doctor Google is not reliable on this, especially on diagnostics.
Also, the better the schools in an area, the more people will want to stay there. Yes, we have online schools, but one of the perks that people neglect from good schools, beside the different structure is the network, that people are willing to pay for it. In my case, the networking from school and university has a major impact.
3rd, for young people, cities with bars and party where they can mingle and find fun are a magnet. The more fun, the better. Getting out is a little antisocial for youngsters.
Either way, the things are changing, that is for sure.
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This certainly changed the last 2 years and does not look like it is waning at all. So this "benefit" might be lost.
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Depends on the culture as it is different in most part of the world. There was a different party scene in NY compared to DC, places where I lived.
In Central and Eastern Europe, where allowed, bars and clubs are full at the moment.
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