[SmallBets]

While pricing people out of "hot cities" sucks, there is an upside to up and coming cities being built up. Even Austin and Denver mentioned in the story were not on par with 'out of reach' cities a decade ago.

There will continue to be waves of this as we see places like Nashville, NC cities, SLC, Charleston etc building up now.

This relocation is a form of spreading the wealth and based on geography the optimistic view is some of the benefit will go to areas we saw most left behind and divided this election (south, midwest).

In the long term that could be a boon to middle class outside megacities and more opportunity to escape the mega city bubbles/echo chambers