Paying more in trades means losing 1st round picks. That means you run out of young talent in a hurry, which means getting into cap hell because you're overpaying UFAs. That means long stretches outside the playoffs and perhaps becoming an outright tank team.
Remember when a long stretch outside the playoffs had us one Tom Dundon acquisition away from being in no-bullshit relocation negotiations? It's not advisable to build stretches like that into our business model.
True, but you could say that about any city in the league. Buffalo has guys who choose to stay in retirement. Columbus, even Winnipeg. If you settle down anywhere and happen to be super rich and treated like royalty, that will be a nice place to retire. Raleigh doesn't really have a market edge in that respect (especially now that it's no longer dirt cheap to buy property here).
In the long run, the best strategy for our franchise is to be experts at distressed assets. Every so often, an elite player wears out his welcome and gets moved for way less than he should cost. Joe Thornton is probably the all-time example of that, but lower level examples come up maybe once a year or so. Those are the best opportunities to move the needle without cutting ourselves off at the knees long-term. Trying to compete with the field for free agents won't get us anywhere, and dumping draft picks to get an edge on the trade market catches up quickly. We have a niche as an org that can run with the big dogs by playing moneyball. Part of being successful is knowing who we are, and sticking to it.