> In the US, the vast majority of Americans want to own a single family home, not a condo or apartment IMO there's 2 points to consider regarding this though:

> In the US, the vast majority of Americans want to own a single family home, not a condo or apartment IMO there's 2 points to consider regarding this though: One can't underestimate the fact it's illegal to build densely in a lot of the USA [1], so it isn't only preferences driving the market. Even if most people prefer single-family homes, and 50% want them to be "away from it all", there's reason to believe that the population that does want to live densely isn't being met with enough supply, and thus prices are still being artificially increased. In terms of the high preference for low density, there's the unfortunate reality that the density is better in a dense context, but that's not something many people in the USA can experience. In New York, for example, ubiquitous density has meant one can live a convenient life without owning a car. An apartment in LA has all the disadvantages of an apartment, without the advantages of a dense city. That's the perception many people who do experience apartment living might have of it. So overall, low density in the USA isn't purely preference-driven, and there's an argument to believe if more density _were_ built, preferences would change. It's worth keeping in mind. [1]: https://www.nytimes.com/interactive/2019/06/18/upshot/cities-across-america-question-single-family-zoning.html https://www.nytimes.com/interactive/2019/06/18/upshot/cities...