If you believe in efficient markets even at all then this is all bollocks. Living in San Francisco costs more than living in Idaho because people want to live in San Francisco: living in San Francisco is twice as valuable. If you had been to both San Francisco and Idaho then there would really be no confusion about this.
I think it is funny when people say, yes, I may live in an uncultured shithole, but that makes the poverty level wages I earn so much better!
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I think it is funny when people say, yes, I may live in an uncultured shithole, but that makes the poverty level wages I earn so much better!