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Why do developers who could work anywhere flock to the world’s most expensive cities?

Why do developers who could work anywhere flock to the world’s most expensive cities?

 Politicians and economists lament that certain alpha regions — SF, LA, NYC, Boston, Toronto, London, Paris — attract all the best jobs while becoming repellently expensive, reducing economic mobility and contributing to further bifurcation between haves and have-nots. But why don’t the best jobs move elsewhere? Of course many of them can’t. The average financier in NYC… Read More


Source: TechCrunch

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