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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: GPS Info who wrote (120905)7/17/2016 1:20:45 AM
From: Elroy Jetson  Respond to of 219498
 
Humans like nice weather and they like the sea. When these two factors conflict, nice weather almost always wins out. There's many reasons why most major cities in China, the US and other nations are on the coast - and cheap container-ship transport doesn't rank as a major reason for that.

Mexico is close enough to the Equator that living near the ocean is incredibly humid, so it's hardly a surprise that the major population centers are at high altitudes where the weather is cooler and dryer. Monterrey 1,800 ft; Guadalajara 5,100 ft and Mexico City 7,400 ft high.

No part of Switzerland is on the sea, but all of the major cities are on large lakes. There was a time when water transport did help determine why Toronto, Montreal, Detroit and Chicago are where they are. The same in many other countries. But late-comer Vancouver has increasingly grabbed the growth in Canada.

Wealthy neighborhoods cost more because that's where wealthy people want to live. Statistically, wealthier people tend to be more intelligent, better looking, and in general are genetically fitter.

Over my life I've seen people move to San Francisco and Los Angeles from lower cost parts of the United States. Some thrive, while others fail.

When my Grandmother moved from Portland to Los Angeles in the 1920s shortly after she got married, she marveled at how much better looking the people in Los Angeles were. Her theory, perhaps not so implausible, was that good looking people came to Hollywood to become actors and stayed and had children. As appealing as this theory is, people are generally better looking in all major cities, even though they have no film studios.

On the other and of the spectrum, some people enjoy being the big fish in a very small pond. A reasonably bright and personable person in Los Angeles is just an average person but in Cincinnati they can be a star. There's a saying that the one-eyed man is king on the island of the blind. This overstates the situation somewhat, but the essential truth is there.



To: GPS Info who wrote (120905)7/20/2016 3:34:59 PM
From: John Vosilla  Read Replies (1) | Respond to of 219498
 
Is more technology, globalization, ZIRP and restrictive land use to supply being added in older coastal urban centers. And yes some trickle down Reaganomics benefiting. Stock market boom the new tech darlings winner take all types that are squeezing margins in much of the economy like Amazon, Google or Apple are concentrated is the new trickle down All this leads to outrageous home prices Of course China factor with the well off there sheltering their money in a handful of markets on the west coast also a factor. Huge percentage of the gains in Vancouver is just this one factor. Those great universities in NE and Bay Area were around 40-60 years ago when wealth inequality was far less and divergence in home prices between middle America and these coastal areas were modest at best..