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Old Posted Nov 20, 2019, 11:44 AM
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Yuri Yuri is offline
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I believe we're entering in a new age of centralization, after decades of suburbanization and growing of mid-sized cities. New York's renaissance, London booming, Berlin booming, Tokyo dodging population decline are the most obvious cases.

Massive metropolises which were seen in a very dystopian way in the 1970's and 1980's, even by its own inhabitants, boost now civic pride, better quality of living, good economic prospects and are once again perceived as places to be.

There are some challenges as the high cost of living, the troubles faced by the middle-class in most countries, but I believe soon or later they will be tackled by governments. Also, population stagnation/decline everywhere will put less pressure on real estate prices.
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