It is under the belief that they are sophisticated enough to understand the risk/reward dynamics. 

Real estate is dynamic, the landscape is always changing and you either adapt or you go out of business.

Lots of interesting takes here, but the bottom line is what actually is the dynamic of cities for the attractive jobs crowd that drives the economies of NYC & SF?

I am not sure if it poor site design of having too much going on in each page with lots of dynamic ads or just poorly designed ads themselves but it has gotten more cumbersome in the last couple years.

Seems a lot of dynamics are at play at all times so hard to predict the result of single variable changing.    

People's employment, family dynamic and money situation changes over time.

It is even far less likely now with the way they have behaved since President Xi changed the dynamics of their government going back to 2012.

The situation is very dynamic right now and I can say that there's a real concerted effort to assist policyholders in maintaining their coverage.

Since this is such a dynamic environment with the potential for high returns, over and above what people can normally get, I set the interest rate (really discount rate, but lets not get fancy) to 40%.

I think the more compelling reason for the real estate dynamic here in CA has been the economic prosperity (or for some people, the growing divide in class wealth).