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Typical experiences in thriving regions
Better education, healthcare and quality of life
Typical qualities in declining regions
Brain drain, deteriorating infrastructure and social unrest
→ perpetuating cycle
Palo Alto, Silicon Valley vs rust belt
Silicon Valley: innovation, high employment and high pay
→ rapid growth, inward migration, low level of multiple deprivation
BUT skyrocketing property price and shortage of skilled workers
Rust belt: decline due to globalisation and automation
→ job losses, increased poverty, SPIRAL OF DECLINE
Reading vs Middlesbrough
Reading: robust, high employment, attract major firms and skilled professionals
→ rising housing costs and income inequality
Middlesbrough: high unemployment, skills mismatch, cycle of disadvantage
