Wrong? Nothing. Sustainable? Except for Hollywood; not very; something's got to give. It's not as if most are getting paid millions per movie and could afford a year or two without a job [or hit for an actor] The point is, it's a bit short-sighted. If the rents were a slight premium, sure, ok. But when they are exorbitant as they are it makes little fiscal sense [except for those who hit paydirt] but those likely bought houses and aren't renting.
In other words, save your money, maybe you'll have to commute and maybe the bar won't be as close or have all the cool people, but it's worth having money for when there is a collapse.
In other words, save your money, maybe you'll have to commute and maybe the bar won't be as close or have all the cool people, but it's worth having money for when there is a collapse.