With property prices and the cost of rent rising in price in the world’s major cities, many are considering leaving it all behind. Cities are expanding, pushing those who can’t afford to live there further to the fringes and in some cases, out of the city completely. So, is living in the city really necessary or should more of us be looking at moving regional?
Advantages for living in the city
Shorter commute to work
Depending on the industry in which you work, the majority of the jobs in your field will probably be located in the city. Commuting from outside of the city is not only time consuming, it’s also costly with public transport or road tolls and petrol factored in.
Surrounded by services
Cities provide a number of essential services including hospitals, shopping precincts and medical centres which means you’re never too far away from them. The city also has an abundant supply of schools and educational institutes as well as jobs.
Connected to the world
Cities are large enough to have their own airports which makes it easier to leave the country and welcome visitors. This is necessary for large businesses with international office locations, as well as residents who have international family members.
Urbanities have much to choose from when it comes to the cultural scene too. Major cities will be home to multiple art and museum facilities as well as convert venues and halls. Cities also generally offer more dining options than suburbs.
Easy to get around
Living in the city makes it easier to get around with public transport options aplenty. Cities are the central hub for major public transport services and lines which means many who dwell here don’t need to own a vehicle of their own.
Disadvantages for living in the city
The biggest factor to consider in the city is the cost of living. If you’re planning on saving for your first home or if you just like having ample savings, living in the city will be a financial burden. The closer you are to the city’s centre, the more expensive rent and property prices are. For many, especially young families, it’s more beneficial to live further away from the business hub and commute to work.
Pace of life
If it’s peace and quiet that you’re after when you return home, you’ll be hard pressed to find it in a city. Some thrive on the fast paced nature of the city while others prefer to take their time. Big cities hardly ever slow down and continue running at a fast pace late into the night.
Space is limited
Generally, the closer you are to the heart of the city, the smaller the dwelling sizes. Property options are smaller and often include apartments and townhouses. The size of the apartments located in the city are also smaller than those further away due to rising property prices.
Cities are more polluted than the country side, regional towns or suburban areas. That’s thanks to the high density buildings and traffic congestion. Although not all cities suffer from health-affecting pollution, for those with young children, pets or health conditions, it’s sometimes more beneficial and safer to live outside of the city.
If you’re someone who has a dream of owning a house with a large backyard, living in the city is probably not necessary. Most cities can be commuted to from the much larger dwellings located on their outer suburbs by public transport or major roads.
Although city living isn’t necessary, it does have its advantages. Depending on your living situations and what you’d like in a home, job and lifestyle, you may find it’s where you thrive. For many though, the deciding factor is living expenses, but that doesn’t mean it has to be a choice between one or the other. You can still enjoy the best of both worlds.
Ready to move to or from the city? Speak to your dedicated Grace Mobility Specialist for more information on which option is best for you. When you’re ready, we’ll relocate you and your family to your new home.