When I read “Everyone” in your post, bells went off on my head. It’s too broad a statement. You could offer me a 2M home in the Bay Area, and I’d auction it off to charity. A 5M condo in Manhattan and I’d do the same. You can only say there are enough people with enough money and determination to bid up property in certain areas. Two very wealthy people bidding on one property can take it to astronomical levels, but they are not “everyone”. There are more people who want to live in the Bay Area than there is affordable housing. The number of people who want to live in the Bay Area, though, is a fairly small percentage of the US population (ignoring the homeless who seem to love the Pacific Coast).
Most places in the US are already “good” places to live, if you come with the right attitude, e.g. immigrants looking for a better life. After WWII, GIs dispersed themselves all over the country. They had seen (sometimes too much of) the world, and were open to, and happy with, anyplace in the US that gave them a job, a house and an ability to raise a family. They knew how bad it could be and counted on being able to improve wherever they moved to in the US. And they mostly did, thanks to a solid economy, a stable political system and pure moxie. Same with non-wealthy foreign immigrants. Making the most of what you have generally leads to a pretty nice life anywhere in the US. Even Canada :-).
Internal mobility in the US has been on the decline in recent years, perhaps a sort of generational timidity combined with familial inertia has led to certain highly-populated areas experiencing irrationally high housing costs.
Most places in the US are already “good” places to live, if you come with the right attitude, e.g. immigrants looking for a better life. After WWII, GIs dispersed themselves all over the country. They had seen (sometimes too much of) the world, and were open to, and happy with, anyplace in the US that gave them a job, a house and an ability to raise a family. They knew how bad it could be and counted on being able to improve wherever they moved to in the US. And they mostly did, thanks to a solid economy, a stable political system and pure moxie. Same with non-wealthy foreign immigrants. Making the most of what you have generally leads to a pretty nice life anywhere in the US. Even Canada :-).
Internal mobility in the US has been on the decline in recent years, perhaps a sort of generational timidity combined with familial inertia has led to certain highly-populated areas experiencing irrationally high housing costs.