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Finance flies west, and south

MAY 15, 2018 | by Joel Kotkin | CITY JOURNAL

By Joel Kotkin, includes “… And New York’s traditional rivals in this sector—Chicago, Boston, and Los Angeles—have been struggling. … With the Internet reducing the need for close communication for many transactions, and powerful migration trends among millennials to Sunbelt and Intermountain West locales, the expensive, heavily regulated, high-tax financial bastions in New York and elsewhere can expect mounting competition.”

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