Quote:
Originally Posted by bresilhac
It depends on where that Gen X'er chooses to live and work actually. If the intrepid Gen x'er wants to live in a place like New York or San Francisco then this person better have lots of money. And I mean inherited money. Many of those that reside in high dollar places like NY, SF and Miami Beach are of the type that were given their wealth. Ordinary people cannot compete with this type of wealth so you see millions flocking to less expensive locales like Dallas, San Antonio, Charlotte and Phoenix. These towns are markedly more affordable and offer all the wants and dreams of even the most choosy Gen X'ers.
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Ditto to what fflint said about that. You say that those sun belt cities offer everything that a "choosy" Gen X'er wants, well I say it depends on what you are "choosy" about. Sure if you are a person of average income and your priorities are to live in a 3000 square foot McMansion with a three car garage with an Escalade, have plasma screen tv's and wear all the latest designer clothing then living in a sun-belt city is ideal for your needs. However if your priorities are living in a vibrant urban and pedestrian oriented environment over everything else than someone of modest means can live in a mega city. Its complete garbage to say you have to have inherited wealth and be rich to live in NYC, alot of people who live there are clearly not that. I know for a fact that you can live in a great place and make very little. For any person to say they cant afford to live in Chicago and they are middle class just has material priorities and lifestyle preferences that are too difficult to maintain in the city on a modest income. If you prefer quantity over quality then move to the exurbs or to the sunbelt if you prefer quality over quantity then move to a dynamic city.