You're being deliberately obtuse. People are willing to pay a premium for more space in the same dense metro area. Why are there condos worth $2MM in SF when yo

You're being deliberately obtuse. People are willing to pay a premium for more space in the same dense metro area. Why are there condos worth $2MM in SF when you can buy a house in central PA for $40,000? It's because people want to live in dense urban areas with other people. Those dense urban areas are simply not workable with everyone driving everywhere. It wouldn't matter if everyone's a billionaire, you can't have a dense urban core with everyone driving. Those dense urban areas are the most expensive real estate markets in the country.