The redistribution of corporations and their talent across the United States : analyzing the emerging trend of demographic and corporate migration from gateway markets to smaller ones

Corporations and their employees, often referred to as talent, have historically been concentrated in gateway markets in the United States. In particular, the San Francisco and New York metro areas have become ubiquitous hubs for the technology and financial services industries, respectively. These markets, however, are becoming increasingly expensive and cost prohibitive for employers and employees alike, spurring the migration of both parties to smaller markets. Smaller markets provide corporations the opportunity to better align employee incomes and costs-of-living, often while providing cost savings to corporations and a better quality of life to employees. Corporations' propensity to position headcount and footprint growth in non-gateway markets is increasing, both driven by and driving further demographic migration to these smaller markets. The growth of firms outside of gateway markets will provide opportunities for smaller markets to participate in future corporate growth.

Name thesis:degree_name

Master

Department dc:contributor.department

Massachusetts Institute of Technology. Center for Real Estate

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2021

Author dc:creator

• Macfarlane, Barclay(Barclay Dalziel)

Advisor dc:contributor.advisor

• Jennifer Cookke.

• Center for Real Estate. Program in Real Estate Development.

Statement dc:rights

• MIT theses may be protected by copyright. Please reuse MIT thesis content according to the MIT Libraries Permissions Policy, which is available through the URL provided.

Licence dc:rights.uri

• http://dspace.mit.edu/handle/1721.1/7582

Language dc:language.iso

eng

Handle dc:identifier.uri

https://hdl.handle.net/1721.1/130729

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/130729