I'm just presenting a possible equation that describes the phenomenon in question.
Lots of people ask themselves similar questions, but with different metrics.
- Why live in an old 400 sq ft efficiency with exposed ductwork and pipes <80th st. Manhattan when I can live 15 minutes away in Williamsburg and have a modern 2 bedroom for the same price?
- Why live in SF, making below market wages working for some startup, renting a bedroom in some guy's basement, when I could live in a deluxe 3rd floor walkup in Sunnyvale?
- Why live in either place when I can take a dev job near Miami and enjoy round the year sun and beach, own a house and have a better cost of living anyway?
I'm not saying I agree with these questions, or the motivations behind them. But then again, I live in a very walkable, high service suburb instead of the nearest big metro area also. But I'd just as happily live in a small 2 br in NY. I grew up pretty rural and remember asking myself questions like
- Why do I have to spend 2+ hours a day driving to/from work every day?
- Wouldn't it be nice if I could live in a place where I could walk 5-10 minutes to get any of my basic services taken care of?
- Wouldn't it be great to live in a place where I simply didn't need a car?
- I'd like to have more people nearby to associate with.
- etc.
So I get the desire both ways.