4 ms·
This data shows "city center" with the largest increases. So it isn't just that they are focused in the "city", but the actual center of cities where jobs tend
by moorhosj 9y ago
This data shows "city center" with the largest increases. So it isn't just that they are focused in the "city", but the actual center of cities where jobs tend to be more plentiful, commute times tend to be lower and real estate values tend to be higher. This implies they aren't simply choosing to avoid the suburbs, but to live in the most expensive part of town.
That said, I am having a hard time verifying what they are using to delineate the different distance tiers.
- ghaff 9y agoIf you get granular enough, the focus of jobs (e.g. the financial center of a number of cities) isn't really where most people choose to live. Neither Wall Street nor Midtown are the preferred residence addresses in Manhattan for the most part. Same thing with Boston and Cambridge for the corresponding areas.
- moorhosj 9y ago==Neither Wall Street nor Midtown are the preferred residence addresses in Manhattan for the most part. Same thing with Boston and Cambridge for the corresponding areas.== Do actual home values back up this assumption? Seems to me those are all very expensive places to live, which implies they are highly desirable.