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That's an odd metric, considering how much "number of cities" varies across the country. On the east coast there are tons of tiny little cities crammed together that for all intent's and purposes are part of the same metropolitan area.
It's still interesting, but I bet some of the surprising values can be explained from that heterogeneity.
It seems like "fraction of single family homes > $1M" would be more telling.
I didn't pay attention to the specific metric used, but it seems like you're right.
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