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Not long ago I read an article about the semi-recent phenomenon of "urbanizing" big cities. The main reason they cited for this was simply that younger generations don't want that daily commute from the suburbs to the city--they want to live, shop, dine, or whatever, within walking distance (or a very short drive) from wherever they work. I can understand this to a point--my last place of employment was a 15-mile commute, and in the 18-1/2 years I worked there the one-way trip went from 20-30 minutes to an hour or more. So, yeah, I'd rather not have to drive an hour or more to get to work, but since I grew up in the suburbs I can't imagine living in the middle of a big city would be a better option.
In my early "independent" years I lived in the heart of the city, right near downtown, because that's where the affordable housing was. Now I live in a suburb, because that's where the affordable (relatively) housing is.
The in-city neighborhoods where I once resided are now gentrified. I have to resist rolling my eyes at the self-congratulatory newcomers to my old neighborhood who crow about how they "treasure the diversity" there. If by "diversity" they mean people of many racial and ethnic categories in significant numbers, well, the district is made all the less diverse by the newcomers' presence. There's more diversity in the suburb where I now live.