I've been to NYC, as I'm sure many of you have. I loved it, but why on Earth would anyone pay $3000 a month to live in a shoe box? Yea, it's NYC, blah blah blah, but you could live in a penthouse in Detroit or a decent place in Chicago for that much.
The answer is simple. NYC offers way more than Detroit and people recognize that and are willing to pay up. Hell why not ask why people don't choose Toledo over NYC? Even cheaper housing there....see my point?
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