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Are You Crazy for Living in a Crazy Expensive City?

Cities like New York, Toronto, London, and Sydney have extremely expensive housing not just because a lot of people want to live there — although that’s obviously true too — but because of dysfunctional housing policies that limit how much housing can be built. But given the unfortunate reality that these cities are very expensive, does it ever make financial sense to live in them? Are you crazy for trying to make it work instead of giving up and moving somewhere else with more reasonable housing costs? Keep Urbanity rolling: Join our Patreon for early releases:   / ohtheurbanity   Subscribe:    / @ohtheurbanity   Join us on Twitter:   / ohurbanity   Music we used: Medium Rock by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/.... Artist: http://audionautix.com/ #urbanplanning #housingcrisis #newyork #toronto #london #sydney