The Weekly Take from CBRE
The Way You Move: Author Joel Kotkin on Migration Trends and the Future of Cities
Mar 30, 2021
Explore migration trends, globalization, and the future of cities with Joel Kotkin. Discover the shift towards emerging urban centers, the impact of globalization on cities, and the importance of neighborhoods in attracting knowledge workers. Delve into the significance of home ownership for the middle class, the rise of renting, and the perspectives of millennials and minorities. Examine the effects of remote work on cities, the role of physical office collaboration, and the success of non-mega cities like Dallas and Phoenix. Reflect on urban changes, the potential for city renewal, and the evolution of neighborhoods amidst economic challenges.
31:47
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Quick takeaways
- Cities are shifting towards emerging urban centers like Nashville and Raleigh due to economic energy and migration trends.
- Global cities are decentralizing with diverse populations settling in places like Dallas and Atlanta for increased innovation and growth.
Deep dives
Changing City Dynamics: Move Towards Emerging Cities and Suburbs
The emergence of new urban trends is shaping the future of cities with a movement away from traditional metropolitan areas like New York, San Francisco, and Chicago. Joel Kotkin highlights a shift towards emerging cities such as Nashville, Denver, Raleigh, and Tampa, driven by economic energy and migration trends towards smaller towns and suburbs before and during the pandemic.
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