MariettaEcon

A recent article on cnnmoney stated that there is a trend starting in America among those who are living in cities with high costs of living. These people who live in busy areas like Massachusettes, New York, California, and Hawaii are thinking about packing up and moving to less expensive regions in the Midwest, or to the quaint Southwestern states like Arizona. People are starting to find out that they can buy homes in these areas that costs less than half the price of living the bustling city life. My question is what will happen to the economies of these two very different communities if this does become a major trend amongst Americans? Will the cities begin to suffer and the rural areas prosper, or will it lead to Americans starting all new economies and societies in what now can sometimes be a struggling rural community?