3 ms·
Living in the nice part of big cities is a positional good. It's going to get more expensive as society gets more expensive, because you are trying to buy your
by danielweber 10y ago
Living in the nice part of big cities is a positional good. It's going to get more expensive as society gets more expensive, because you are trying to buy your way on top of a ladder.
If you take a look at the top 40 or so entries here https://en.wikipedia.org/wiki/List_of_Metropolitan_Statistical_Areas#United_States https://en.wikipedia.org/wiki/List_of_Metropolitan_Statistic... you will be able to pick out places with nice economies and reasonable housing costs.