> what would happen to that metric if you exclude NYC, SF etc. ? It wouldn't budge much: when you leave big cities, houses get a lot cheaper, but work quickly

> what would happen to that metric if you exclude NYC, SF etc. ? It wouldn't budge much: when you leave big cities, houses get a lot cheaper, but work quickly dries up too, so you're right back where you started. It's the nature of the economy at present that the cities are where the jobs there; that's why everyone keeps moving in despite the skyrocketing rent.