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The prices would level out if other towns would also work on becoming more attractive. It seems Americans are conditioned to build towns that are mainly used to drive through and not live there.



This book discusses why that's easier said than done:

http://amzn.to/2BbEYoV

There are 'network effects' at least in terms of jobs and that environment. You'd have to convince a bunch of VC's to move to wherever along with a bunch of tech workers.


I think the case of Boulder it was first a nice place that then attracted companies.


There's usually a catalyst (New York was a good port or something), but after that it becomes difficult to replicate.




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