Hmmm... I'd love to live in Balamb.
The reason why would have to be because it's like a homely quiet place...
A bit like a traditional town if you know what I mean :3
Somewhere where you can relax and have calm and stress free time. Very importat if you have high blood pressue XD. But seriously... it's also really scenic... and the fact its on a nice little island too ^__^ Very nice.