Tel Aviv has become one as well. Result: it's super expensive and all the young people have to leave it or live in places only slightly better than these shared bunks.
Yep, I can relate to that. As a "city worker", am still living at home with the parents. The rent here just doesn't make sense anymore and I am fortunate I have the luxury of being able to do so. Those few who are fortunate enough to drive up rent prices are 98% working in 1 of x industries ... everyone else who isn't, suffers
Yep. The implications of this on the health of such cities are really bad.