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The Jobs That Are Getting Priced Out of Superstar Cities [citylab.com]

 

Recently, I emailed a carpenter to ask him to repair some minor damage to the roof of our Toronto home, inflicted by the harsh winter. He told me he’d had it with Toronto’s high housing prices and had moved back to the West Coast.

Then, when I asked a friend of mine if there was someone he would recommend, he told me the roofer heused had just moved to Ireland. He’d signed off his last email: “Nobody can afford to live in this city!”

My experience in Toronto is far from unique. In fact, it’s in line with an intriguing new study about the jobs that are missing from large and pricey metropolitan areas. The study is by Jed Kolko, chief economist of the employment site Indeed.

[For more on this story by Richard Florida, go to https://www.citylab.com/equity...rstar-cities/560600/]

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