Cycles are often systemic, predictable, and, as I have long argued, often the result of policy distortions interacting with underlying structural forces. The latest data showing where the cost of living is rising fastest in the United States is a textbook example of how centralized, urban-centric policies can create persistent price pressures and distort economic incentives.
According to a new study by Plasma , the cities where the cost of living is rising fastest are:
New York City
San Diego, California
San Francisco, California
Los Angeles, California
Seattle, Washington
Boston, Massachusetts
Philadelphia, Pennsylvania
San Jose, California
Chicago…
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