Yes, at least in certain areas of the country.... In others, it looks just like when I was young, I find. In these cities that have become, in fact, global cities, they are just going to be much more expensive to live in, just because of what they are. It's the critical mass that builds and builds, and the rent curve, as we call it in economics, gets deeper in the middle. In those cities, it costs a great deal to live there.
On October 30th, 2018. See this statement in context.