Yes. The clubs around London and Birmingham are rather different though, I think.
Wolves, Villa and Birmingham have a large following from outside their immediate local communities, as do most London clubs—even lower-league clubs like Orient. Although the Dons’ flight from the capital was essentially about increasing revenue, despite the smokescreen of ground redevelopment.
In the current model of football capitalism, it seems that many clubs’ prospects of rising up the pyramid increase where they have no Premier League neighbour within 30 miles. The exceptions are London, the NE and Birmingham (although Coventry have been on the edge for a while).
If the NW lower-league clubs were normal businesses, they would probably have merged by now rather than churn out an inferior and over-priced product for another decade. The argument against this has always been that football clubs are a vital focal point for their local community. However, these local communities are increasingly walking away from these clubs. Clubs could still support their local communities in the non-league structure and may actually be better at doing this at a level below League Two.
The Football League really need to start thinking quickly about how L1 and L2 can be remodelled for the future, if this grade of professional football is to survive for another 100 years. The current model is broken and it is obvious that a number of clubs won’t be here in a decade.