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>But cities do compete - London, NY, Boston, SF all are fairly viable competitors For attracting the best of global talent.

It's not so much the city as the jobs a person can get. If you get offered a job in Boston or London, the odds are you're not moving to New York no matter how much you like it. Cities do compete a little bit (you get an offer in Boston and London), but overall it's almost exclusively where you can get a job.

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