Of course it is. If jobs are in major metros but it's impossible to buy there and hard to rent even as a tech worker - what does that mean for the city (and all the people that are locked out of opportunity)? A study from Hsieh and Moretti estimated that looser zoning rules in elite cities could increase GDP growth by a third. Everyone's looking to AI for productivity gains but this is major money on the floor that, while getting more discussion at present, is not part of a national policy, to everyone's detriment.
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Sure. I dig. Affordable would be better.
I'm a little tired of conflating "major metro area" with SF and Manhattan, but I dig. I'd love to own a home in either of those places. It's a surreal thought but very appealing.