Why Workers Without College Degrees Are Fleeing Big Cities

[True Federalist (진정한 연방 주의자)]

To be honest, I'm surprised this isn't happening more. I remember a study which suggested that a $200,000 Manhattan lifestyle  could be purchased for $38,000 in Fayetteville, NC. $38,000 in North Carolina is a plausible achievement for a person without a degree. Can't say the same about $200,000 in Manhattan or the Bay

Out of curiosity, do you have a source on that cost-of-living figure?  It seems a bit exaggerated to me.  Home ownership is absurdly difficult in certain areas (average home price is $3 million in multiple cities in Santa Clara County, CA) so I could see a lot of disparity due to housing costs, though I'm sure the person earning 200K in Manhattan/Bay Area probably would buy more 'upscale' goods - cars, food, etc. - in other respects than the Fayetteville resident.  

It's not just the housing costs. for example, gas prices are usually one-third lower around here than in California. Moreover, in addition to already low costs, the inflation rate is lower here. (In the period 1990-2015, inflation averaged about 1% lower per year in SC vs. CA.)

[True Federalist (진정한 연방 주의자)]

This is mostly attributed to the dot com bubble. San Francisco somehow managed to combine the educated and high net worth population of DC with the constructed and aesthetic geography of Miami. There really is nowhere or initiative to build a community for affordable housing in the bay area.

Last I checked, Miami didn't have so many natural hills bunched up against the shoreline creating a natural limit of space.

No it has a natural wetland, the Everglades.  Even with drainage canals, you can only realistically have urban areas expand some 20 miles inland from West Palm Beach south. That's wider than the San Francisco peninsula, but the Miami "peninsula" of urbanizable land is much longer.