It's surprising to see Boston this high on the list despite the insurmountable limits it faces building upward: 1) The Logan height restriction that much of downtown faces due to the airport's proximity: https://www.massport.com/media/11778/BOS_COMPOSITE_Ver2pt0_d... 2) The city's most desirable neighborhoods (Back Bay, Beacon Hill, South End, Charlestown Navy Yard) are protected as historical districts: http://bosto…
Much of it has to do with the preposterous price of real estate and pent up demand in Boston. Finding a condo anywhere near a transit station 20 minutes out will cost you north of 400K. 10 minutes and you're looking at 600K.
Urban demand is at record levels. San Francisco's prices are basically nonsensical at this point.