Everyone and their cat wants to live as close as humanly possible to the hip center of the hip city. But of course, they literally do not want to pay the price. Why is there a vegan bakery specialized in Afghan Bagel[1] around the corner? Because there are enough hip, young professionals to pay for even the most unlikely specialty. Business can afford to cater to the most extraordinary taste, but only because there a…
The current model basically has all the good jobs in the CBD. The further you go from the CBD - the less jobs and the lower paying they are. So of course you get a housing crisis the closer you get to the CBD.