This sort of thing is true broadly. It&#x27;s a bit more complicated in California because the South Bay is also very popular and very expensive, but the trendy areas of many downtowns have, over a relatively short period, become very popular with, among others, a certain young &amp; educated demographic that really has turned them into luxury goods.<p>This has arguably long been the case in some places like Manhattan. Going back decades, living in a crappy tiny apartment in Manhattan rather than, heaven forbid, Queens was a thing for recent graduates. But, at the same time, tech was generally moving <i>out</i> of metropolitan Boston and the computer companies were mostly out on the 128 and 495 corridors.