[quote=briansd1]There is increasing urbanization and globalization of commerce, education and jobs. The most highly educated professionals will want to live in or near glamour cities, as Robert Shiller puts it.
Within glamour cities there are first, second and third tiers.
The first tier cities will enjoy higher growth and regional wealth.
The cities around the world that are best able to provide infrastructure and housing, and keep up with growth will enjoy the fruits of economic wealth and growth.
Unfortunately, I think that the NIMBYism in San Diego will prevent us from being a great first tier city.
People think that internet makes everything local. It does not.
If you go to social networking sites, you’ll see that all the “desirable” people live in big cities so that’s where young and smart people want to be.[/quote]
Follow the logic here ..
The most highly educated professionals will want to live in or near tier 1 glamour cities.
You want to live in San Diego
San Diego isn’t a first-tier city.
Therefore you are not a highly-educated professional.
