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They very much show the opposite over the past couple of years, ever since the pandemic. Housing prices in suburban and rural areas have exploded across North
by glitchc 5y ago
They very much show the opposite over the past couple of years, ever since the pandemic.
Housing prices in suburban and rural areas have exploded across North America. People seem to want their own slice of land distant from others.
- lotsofpulp 5y agoAlso, the most popular vehicles are pick up trucks.
- closeparen 5y agoOn the margins, sure, there suburbs are gaining a little relative to the city. On the whole, though, cities are vastly more in demand than suburbs.
- refurb 5y agoDisagree strongly. Just look at suburb housing prices in the Bay Area versus within SF itself. People want to be close to cities, but if it means giving up a single family home they’ll gladly live in the suburbs.
- closeparen 5y agoWhere are you seeing this? San Francisco condos run $1077/sqft, more than the most expensive county for single family homes, San Mateo, at $1022/sqft. Correspondingly the price per square foot in Manhattan is about $1300, while Queens and Staten Island run not even half that. People may choose to put the savings from less desirable environments into larger homes. But there’s no reason condos shouldn’t be as large as houses. Urban environments are just so scarce that the only way even pretty rich people can get them is to compromise on space. https://www.statista.com/statistics/1234783/average-sales-price-of-condos-and-single-family-homes-san-francisco-districts-per-square-foot/ https://www.statista.com/statistics/1234783/average-sales-pr...