San Francisco, Boston, and Other 'Superstar Cities'

Peter Coy

Economists have twisted themselves in knots trying to explain why housing prices in cities like San Francisco and Boston are so high. One theory says that the cities have better amenities. Another says that moving to these cities makes workers more productive (presumably because of the higher quality of their colleagues) so people will pay more to live there.

San Francisco, Boston, and Other 'Superstar Cities'

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