Studies have found if you JUST upzoned and deregulated SF & NYC 30 years the avg income across the country would be %25 - %35 richer today.
building out the VHCOL cities is the fastest path to high growth and social mobility. These are far and away the country's most productive places (even for low skilled work) and build up, reducing housing cost, and bringing in migrants and making them more productive turbocharges growth.
building out the VHCOL cities is the fastest path to high growth and social mobility. These are far and away the country's most productive places (even for low skilled work) and build up, reducing housing cost, and bringing in migrants and making them more productive turbocharges growth.