We have seen this before, perhaps Detroit is the best example of a city losing its appeal. Tom Walker said: “If everyone leaves a city, it will lose the huge benefits that are derived when people cluster together to collaborate and exchange information. Are global cities at risk of decline if people move away to rural areas? We spoke to Tom Walker, a fund manager specialising in global cities, to find out what the future holds for global cities and what impact Covid-19 has had around the world. This has prompted much speculation in the media about the future of global cities and whether the pandemic will spark an exodus of people to rural and coastal areas as they seek to work from home in a quieter and less stressful environment.
With many forced to work from home during lockdown, some people are now questioning whether they need to live in the city in which they work. The Covid-19 pandemic has led to many changes in the way people live and work.
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