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Part of that is simply population growth. The creation of the automobile opened up a ton of land for new, cheap housing. That lasted for a few decades, but th

Part of that is simply population growth. The creation of the automobile opened up a ton of land for new, cheap housing. That lasted for a few decades, but the land is now developed and the population is much larger and evermore urban, so the gold rush is over. There may be a chance to develop our way to cheaper housing, but you'll be getting less land and less space for more money.

awat 9y ago
Agreed, there are timeliness and environmental variables to living costs and land for sure. The fear here seems to be that being a doctor or lawyer to use the cliche won’t secure you housing and that landowner becomes a profession that trumps all in terms of income and social class. I don’t mean this to be disingenuous I realize thats always been true to a certain extent but the extent is important.