We know what happens when the high-paying jobs become more geographically distributed. We saw it in Portland and Austin in the past few decades, for example: pe

We know what happens when the high-paying jobs become more geographically distributed. We saw it in Portland and Austin in the past few decades, for example: people are drawn to those places from California and housing prices go up significantly. People do that to escape the high prices in California -- but by doing so, they cause prices to increase in the places they move to, because doing so creates a sudden influx of demand from buyers who have more spending power than the people who already lived there. If the housing supply had been increased in California, fewer people would be flooding into Austin from California to buy houses.