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comment by kleinbl00
kleinbl00  ·  193 days ago  ·  link  ·    ·  parent  ·  post: The new magnetism of mid-size cities

    In 2017, Bhatia decided to move home, joining a growing number of younger Americans returning to the small- and medium-sized cities they left after college. There are no studies yet measuring the movement by what some call “boomerangs,” those millennials moving back to their hometowns from larger cities, and much of the evidence is anecdotal at best.

LOL that's not what "boomerang" means

    They are so named for the percentage of whom choose to share a home with their parents after previously living on their own—thus boomeranging back to their parents' residence. This arrangement can take many forms, ranging from situations that mirror the high dependency of pre-adulthood to highly independent, separate-household arrangements.

Fuckin'A it's easier to get settled if your parents live in the same town/house. Mommy and Daddy are much more likely to float you $1200 a month for a mortgage a mile away than they are $900 for a cohabited shithole in Melrose. The Bizjournals article is even more hilarious:

    Economic incentives come in many forms. They can include tax breaks for entrepreneurs, startup money to fund new ventures and even personal grants to help entrepreneurs move and get set up. Even guarantees are an option: “Move to our state to work on your startup, and if the idea fails, we’ll give you an income-tax break for awhile until you get your next venture started.” The sky is the limit, and nothing should be off the table.

"Those cities that are kinda working? Give away their tax base since obviously the fact that you're thinking about it isn't enough to make people think about it."




francopoli  ·  193 days ago  ·  link  ·  

Yea I caught that "boomerang" slight. The article kinda made me a bit pissed off, but figured it would start a conversation here.