If the employment rate continues to be sluggish, the number of employed people will flock to the **??
According to Japan's experience, a short exodus of population to a local area is followed by a return to a large city. In Japan, for the first time between 1990 and 1998, due to the bursting of the bubble economy and the impact of the financial tsunami, there was a trend of population returning from large cities to local areas.
This is because in order to revive the economy, Japan began to invite the god Keynes back to overhaul the infrastructure. As a result, the industry has long been concentrated in these big cities. As a result of this wave of population return, Japan's economy, which relies on big cities as its engine, suddenly began to stagnate, and the result of stagnation was that banks in areas such as Hokkaido, which were still eating transfer payments, went bankrupt on a large scale, and the economy was further destroyed.
Most of these areas do not have the soil for individual economy, and large-scale industries are insufficient, so young people who have returned to their hometowns and cannot return to the individual economy find that they cannot stay in their hometowns. Then under the premise of Japan's first water housing prices, young people gradually returned to the big cities. However, due to a lack of economic confidence and other reasons, young people in big cities have turned to a low-desire lifestyle, and the result is deflation over and over again.
However, the Japanese economy is slowly growing, and I don't expect any future trends to improve, but it probably won't change. As a result, this wave of undertakings finally affected the underdeveloped regions. The hollowing out and aging of northern Hokkaido and San'in are becoming more and more severe, and some areas such as Akita have become the most volatile prefectures in Japan. The beauties of Akita and Shimane, Kagoshima and the handsome guys of Hiroshima, can't stay in their hometowns, so they all go out to work hard.
Eventually, the infrastructure in these areas deteriorated, and JR Hokkaido became JR Sapporo. Of course, the premise of this step is that the necessary living expenses, including housing prices, are at a reasonable level. If the cost of living in big cities is still huge, there will be no second wave of reshoring at all, and it can only be a big city and a small city waiting to die together.