Miami and Austin are becoming the next big tech hubs. With remote work becoming mainstream, there'll be a huge shift happening in the economies.
For example, when the billionaire hedge funder David Tepper left New Jersey for Miami in 2015, he left a crater in New Jersey’s budget that experts estimate was upwards of $100 million annually 🤯
It doesn’t take very many ultra-wealthy Americans changing their address to wreak havoc on cities’ finances.
This is one of the best stories I've run across. It is a must-read.Read more...