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Most places that aren't California? There are buildable plots of land everywhere outside of dense urban cores. The cost to build on these lots puts downward pre
by dahfizz 5y ago
Most places that aren't California? There are buildable plots of land everywhere outside of dense urban cores. The cost to build on these lots puts downward pressure on the cost of an existing home.
- seanmcdirmid 5y agoI mean, your point is that because LA and SF are hemmed in by geography (mountains, water, etc...), that they are more limited? But you see the same geographical effects in places like Seattle and Denver. And those two Californian metros still have plenty of sprawl, people realized they could keep building out a long time ago. Housing in Lancaster CA (about 1 hour from LA without traffic) is much cheaper than LA, though still expensive.