Recently heard about a family that relocated to Phoenix to get a break on rent and whose primary earner commutes to SF most weekdays *by plane.* We're incenting this via the growing gap between career & housing opportunities. Plastic bag & straw bans are environmental theater.https://twitter.com/patrickc/status/1133509769702957056 …
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The only useful measure of housing affordability is rent. If they chose to buy because they prefer the lifestyle of owning, then that's a different conversation and only reinforces my point that housing affordability is only a minor part of the fly-in commuter story.
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The Phoenix commuter is more like a hedge fund manager taking a helicopter from the Hamptons than rent-burdened tenant paying out the nose to live in squalor. Sympathetic cases: family moves to Phoenix and takes a lower paying job or works remote w/ total productivity loss.
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Straws
