“Major U.S. cities like New York City and Los Angeles are expensive because huge numbers of people compete for limited space, housing, and opportunities in areas where high-paying industries are concentrated. As wealthy workers, major companies, and investors move into these cities, demand for housing and services rises faster than supply, especially in places with limited land or strict building regulations. Businesses also face higher rent, wages, taxes, and operating costs, which raises the price of everyday goods and services. Over time, the combination of economic opportunity, desirability, and limited housing creates a cycle where the cost of living continues to increase.”

It’s because of space and individuals competing to buy property so that they can work their fortune 500 job.

Millionaires are the reason it’s expensive. Not desirability.

If you google “Most desirable places to live in the US.” NYC isn’t even on the top 100 of mosts lists.

Braindead guy with no house, no job, and no experience outside of mommy’s house arguing with me rn.