4 ms·
That's fallacious reasoning. Price is determined by demand AND SUPPLY. There is way more housing capacity in suburbia than in urban centers, and it's much easie
by marcoperaza 10y ago
That's fallacious reasoning. Price is determined by demand AND SUPPLY. There is way more housing capacity in suburbia than in urban centers, and it's much easier to build more suburban housing than it is to build more urban housing. It is completely possible that most people prefer suburbia, but that there is more demand per unit of available urban housing.