my family is wealthy chicago suburbanites. they know a bunch of other wealthy people who have tried to move to places like arizona, etc. they are all coming back here in droves. the neighborhood i live near is the third wealthiest in the nation, and it is not shrinking, it's re-growing. just yesterday i listened to one of said wealthy people talk of their dream of retiring in california. i believe they are reconsidering this right now.
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