3 ms·
Housing is often not an issue so much as land is. Even billionaires have trouble finding land in the Bay Area, but there are many cities in the center of the co
by coldcode 9y ago
Housing is often not an issue so much as land is. Even billionaires have trouble finding land in the Bay Area, but there are many cities in the center of the country with lots of land where building basic housing would be cheap. The other issue is having the land and housing near enough to a supply of jobs. Look at Detroit, you can get incredible deals but the jobs are no longer there.
- panic 9y agoWe have plenty of land, though! The similarly-sized Tokyo metropolitan area (5,419 square miles, 37.8 million people) has over six times the density of the 9-county Bay Area region (6,966 square miles, 7.68 million people).
- dragonwriter 9y ago> there are many cities in the center of the country with lots of land where building basic housing would be cheap. Because the places are either (or both) unattractive to live for environmental/geographic reasons or have an economy that can offers few (if any) additional decent paying jobs and can support few (if any) additional people without jobs. Prices reflect the market’s assessment of value, and usually there is a reason for that assessment.