In the ongoing national debate over economic opportunity and rising inequality, one important factor is consistently overlooked—the price of housing in elite urban cores. Kotkin’s essay deepens our understanding of inequality and challenges the conventional wisdom about how and where we should seek to improve housing. He posits that future economic growth and opportunity could emanate from smaller, less expensive cities. It provides yet another important insight to policy makers trying to understand the sources of inequality and the actual dynamics of economic growth.