For example, even with UBI, a startup will still tend to want to locate in Silicon Valley than in, say, Amarillo Texas.
The sheer ability to grab a drink with someone who can change you life in tech does not exist in the same proportion in Amarillo as it does in Silicon Valley. Hence, housing prices will differ.
This is also why there are more oil companies in Houston than in Atlanta, despite the roughly same size metro area.
For example, even with UBI, a startup will still tend to want to locate in Silicon Valley than in, say, Amarillo Texas.
The sheer ability to grab a drink with someone who can change you life in tech does not exist in the same proportion in Amarillo as it does in Silicon Valley. Hence, housing prices will differ.
This is also why there are more oil companies in Houston than in Atlanta, despite the roughly same size metro area.