One way to describe cities is to call them labor markets. Historically, people have chosen to live in cities because they have provided economic opportunities (among, of course, many other things). That's why the data is very clear: wages are higher in larger cities.
But what we have also seen over the last few years -- and what is causing a lot of dislocation in real estate markets -- is an untethering of work. More people are working from home and from locations that offer greater lifestyle benefits (or greater tax benefits).
We spoke recently about what this divide between in-person and remote work might mean, but regardless of this outcome, I think there's an important truth here: Lots of people would like to live somewhere else. (In my case, my daydreams take me to Paris.)
And for the first time ever, really, it is possible for more people to do this and stay connected to work somewhere else. Earlier innovations, such as the streetcar or car, also compressed geographies and empowered people to travel greater distances. But now the catchment area has seemingly expanded to the world.
I'm not saying anything particularly novel here, but I do think it's important to point out that this desire exists in many of us. Because this tension between "I do work here" but "I really want to live over there" seems like it's only increasing.
On Monday morning, I flew on Delta from Salt Lake City to Toronto, which in this direction takes just over 3 hours. And it was my first time ever experiencing reasonably reliable wi-fi on a flight. Maybe this is already common for the people who fly in the front of planes, but for me, I've never had the wi-fi work so well.
Usually it goes like this: I try and connect, everything is painfully slow, and so I get frustrated and move on. But this time around, I was able to check all of my emails, download fairly large PDFs, mark them up on my iPad, and write yesterday's blog post. It was pretty great, and it allowed me to land in Toronto with far less anxiety around my work backlog.
But it also got me thinking about what this means for travel and work. If you're a regular reader of this blog, you'll know that I greatly prefer working in an office with my team. I think proximity matters.
At the same time, I recognize that technology is empowering new kinds of remote work, that we are all becoming more globally connected, and that, in the future, most of us are likely to travel more, rather than less. This will be for both work and for fun.
While solid in-flight wi-fi may not seem like that big of a deal, in my mind it's a game changer. People will become more mobile if they can sit on flights and actually be productive (and maybe Apple Vision Pro helps with this). It is another step in what feels like an ongoing untethering of work.
