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The size of a house is a secondary factor in the price. The single biggest factor is simply location. The largest price run up has been in cosmopolitan urban
by danans 5y ago
The size of a house is a secondary factor in the price. The single biggest factor is simply location.
The largest price run up has been in cosmopolitan urban locations that are thriving economic and cultural centers, where the size of homes tends to skew smaller, not larger.
Also remember that most recently built large houses became larger in part by reducing the quality of construction. The 1990s through 2010s were infamous for that type of construction.