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You can measure that desire in how much people bid per sqft for housing - and they bid far more in dense places. The impact of people who fear the next pandemic
by Schiendelman 4y ago
You can measure that desire in how much people bid per sqft for housing - and they bid far more in dense places. The impact of people who fear the next pandemic has not changed that at all.
- yucky 4y agoThat's not what that measures, since you can look at the denser residential areas in large cities like Houston or smaller cities like Detroit, Baltimore, St. Louis etc and find the opposite. Only when you mix in downtown commercial districts that have residential housing (typically stacked on top of stores) do you see that. But the denser inner ring neighborhoods outside of a commercial zone are generally much cheaper than more spread out suburban neighborhoods where people typically want to live. So there is no correlation.
- Schiendelman 4y agoWant to find an example of what you’re saying? I suspect you’re missing the per square foot aspect.
- yucky 4y agoSure, compare sq. foot costs in denser neighborhoods of Detroit vs a spacious outer ring suburb like Bingham Farms or Oakland Twp.
- Schiendelman 4y agoDoes it make sense that most of the US isn’t experiencing what Detroit is?