2 ms·
Well, one reason is that it is possible to make a lot more than $100k in places like NYC and SF with a bit of luck/talent/hard work. Plenty of people in NYC mak
by eigenvalue 10y ago
Well, one reason is that it is possible to make a lot more than $100k in places like NYC and SF with a bit of luck/talent/hard work. Plenty of people in NYC make $1mm+ per year. But that is simply not going to happen in most parts of the country if you're not an entrepreneur. So you have to consider that "option value". Plus, NYC attracts some of the best and brightest, has great cultural offerings, is diverse in many respects, doesn't require driving, etc. It's a no brainer for me to live there.