I`m really sorry, but did you read the article? > But Manhattan and London have the highest house prices in their respective countries, primarily because of th

I`m really sorry, but did you read the article? > But Manhattan and London have the highest house prices in their respective countries, primarily because of their density and the opportunities density provides. .... > But if becoming just as big as Manhattan or London would make Oakland more expensive, shouldn’t we assume that a little step in that direction would make it a little bit more expensive? .... > No; I think the missing insight is that there’s some pool of geographically mobile Americans1 who are looking for new housing (or who might start looking if the right situation presented itself).