1. Highly educated people still BRAK SLOWA for work, but the high cost of housing in the best paid cities makes it difficult for other people who are poor.
2. In Merced is one of the highest unemployment rates in the country of 9.1 percent. ZLA KONSTRUKCJA ZDANIA, BRAK PODMIOTU, NAPISZ "MERCED MA..."
3. Jaime was fired and BRAK WYRAZU POTRZEBNEGO W DANYM CZASIE still looking for work. Her daughter would like to move to Los Angeles, but the average cost of renting an apartment there is $2,710.
4. America used to be a place where moving one’s family and one’s life in search of greater opportunities was common. NIE ROZUMIEM 'MOVING ONE'S LIFE'
5. During the gold rush many Americans went to places where they could earn more and provide better lives for their children.
6. Mobility in America is down by about 2-3 percent annually.
7. In the 20th century, people moved from south to north earn more.
8. Thus, in the regions where people are leaving their wages have grown and are getting closer to each other in different regions over the years. Economists have called it a regional convergence of income.
9. Recently, however, convergence slowed down because people stopped moving because of the high price of housing.
10. Therefore, well-developed cities still need many employees.
Poor people spend more than half their salaries on large cities, so it is not profitable for them. This has huge implications for the whole country. JAK MOZNA WYDAWAC PIENIADZE NA DUZE MIASTA?
12. Although prices in big cities have always been higher than BRAK TEKSTU they are now astronomically high
13. According to Professor Ganong, the reason is that some cities have increased development regulations, slowing down the construction of new homes. These restrictions are different and may increase the time it takes to obtain building permits. These restrictions could have been significant a few decades ago.
14. However, globalization and automation have changed the offer of available jobs, focusing on the economy in several cities, for example. New York.
15. These dynamically developing cities tend to have certain sectors with extreme growth such as technology, and these sectors stimulate growth throughout their economies. But they are less pleasant cities
16. Texas shows that when places are affordable people will move.
17. The problem is that high housing costs mean that they can not earn more in areas with high potential to leave family and friends. CANNOT RAZEM
18. These dynamics is JEZELI THESE, TO NIE IS bad for individuals and for the economy as a whole. The greater the number of people the market can absorb, the greater the contribution to gross domestic product.
19. High real estate prices are also bad for businesses because they hinder the creation of new businesses.
20. It is good for the economy if the competing companies are located close together. Economists say these companies learn from each other.
21. Economists believe that cities should change some regulations to change these tendencies. But now it can be difficult because the current owners do not want to build new apartments, because they are afraid to lose on the decline in housing prices.]