# Centralizing in cities

By [Brandon Donnelly](https://paragraph.com/@brandondonnelly), 2022-06-04

centralization, daniel-foch, decentralization, housing-prices, real-estate-prices, toronto, urban-core, urbanism

---

[This](https://twitter.com/daniel_foch/status/1532345443082027008?s=20) is not all that surprising:

https://twitter.com/daniel\_foch/status/1532345443082027008?s=20&t=YxCyb6JcFaC0q3izbzIIEA

It is not surprising for at least two reasons:

*   We knew that central banks would tighten the money supply at some point and that it would have a negative impact on asset prices.
    
*   [Many of us believed](https://brandondonnelly.com/2020/09/23/what-is-it-that-i-believe/) that a lot of people were making a somewhat long-term decision (flee the city) because of something that would ultimately prove to be short-term dislocation (a ~2 year health crisis).
    

So one of the things I think you can glean from Daniel's tweet is that our best urban centers are resilient. Notwithstanding the fact that we have things like Zoom and previous pandemic-suffering generations did not, the core value propositions associated with centralizing in cities hasn't gone away.

---

*Originally published on [Brandon Donnelly](https://paragraph.com/@brandondonnelly/centralizing-in-cities)*