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Those areas cover probably max 0.1% of total land area in the USA. Since these are some of the most sought after real estate areas, it seems these areas would
by jblok 10y ago
Those areas cover probably max 0.1% of total land area in the USA.
Since these are some of the most sought after real estate areas, it seems these areas would be the preserve of the top 0.1%, or 1%. Back of the napkin maths here I'll admit.
The good news is there's still a huge chunk of the country where you would be considered wealthy by land value prices.
- deleted 10y ago[deleted]
- croon 10y ago> Those areas cover probably max 0.1% of total land area in the USA. Much less than that. I did a quick calculation and Manhattan + SF is 0.0018% of total US land area. Might be 0.1% if it's only developed land. > Since these are some of the most sought after real estate areas, it seems these areas would be the preserve of the top 0.1%, or 1%. Back of the napkin maths here I'll admit. 1.6M live in Manhattan, 800k in SF. That's 0.8% of the population.