#2 didn't help Europe - it's the exact same story over here and housing close to mass transit disproportionally shot up in price. If anything it's the places u

#2 didn't help Europe - it's the exact same story over here and housing close to mass transit disproportionally shot up in price. If anything it's the places unreachable by anything but a car that remained affordable. Case in point: one couple I know bought an apartment(so not even a detached house) in a place without any public transport whatsoever because it was roughly half the price per unit area comparing to the equivalent in the city. They now need a car to do even the most basic things, but at least they have their own place to live. As long as real estate is seen as an investment opportunity, this will continue.