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Importance of Immigration and Population Growth in Cities
The location where foreign-born workers settle is crucial for macro issues like growth, especially with declining birth rates in the US, China, and Western Europe. Immigration is seen as a key factor for the success of cities, particularly those that can cater to upwardly mobile individuals and families. Cities like Houston, Dallas, and Atlanta show stronger demographic growth compared to cities like San Francisco and Seattle, indicating the importance of accommodating diverse populations for future success.