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rents are too damn high but there's something there around

- look at every single 'tier 1' global city (except tokyo)
- notice how they have similar housing prices (For rent and sale)
- singapore, hk, sf, nyc, london, auckland, sydney..

it's all the same

i think the economy is not only k-shaped, the world is bifurcating into a market where

people with certain kinds of white collar jobs can afford a certain kind of life

and in this class, there continues to be tremendous lateral global mobility in which a person who can take a job in any of these places can also move to most of the other places

but nobody else can