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The jobs that pay the most (aka: contribute the most to society) are in those dense hotspots. When one chooses not take the best paying job available due to the cost of housing, they fail to maximize wealth...and ultimately, that leaves us with more poverty than necessary.
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You could be super productive in San Francisco, more productive than in Montana or wherever, but the same is true of other people. If you don't take the job in SF, the job will go to someone just a tiny little bit less productive than you.
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Problem is the jobs - unless you can work remotely, hard to do in practise
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But then again, the reneissance and center of the world is in The Bay area. So how could I live anywhere else
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ABQ is OK for example
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In general the interior West is more reasonable than the coast. But Salt Lake City was ok until 3 years ago. Now it's expensive given the average salary range here. I hear Denver & Las Vegas are also becoming more expensive. Growth is happening faster than housing can be built.
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Cities are labour markets. The NIMBYs are making our generation choose between housing and our careers. It shouldn't be this way.
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As a Berkeley native, it's pretty annoying that most of my childhood friends have moved away because 1) too expensive and 2) the Bay area got relatively boring. Let's build beautiful 4 story apartment buildings and invest in trains for pub trans?
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Slap the NIMBYs hard enough so that they will acquiesce.
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