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You can get perfectly good 2000 SF, 4 BR homes in places like Fargo or Little Rock for $200,000. There are reasons housing prices in expensive areas are what t
by LargeWu 2y ago
You can get perfectly good 2000 SF, 4 BR homes in places like Fargo or Little Rock for $200,000.
There are reasons housing prices in expensive areas are what they are. Some of it is poor zoning and land usage that suppresses supply, but a lot of it is also demand. People want to live in dense, vibrant areas, even if they could live cheaper elsewhere.
- CuriouslyC 2y agoPeople don't care so much about living in dense and vibrant areas (as the pandemic migration showed) but living near jobs and affordable housing.
- syntactile 2y agoI'd argue the pandemic rural flight exemplified precisely how much everyone values the vibrance and density of cities: when quarantine put a pause on the vibrance and nullified employment proximity, everyone had only affordability to select for. And when the vibrance returned, so did the residents. https://ncrc.org/the-washington-post-americans-are-returning-to-cities-after-remote-work-exodus-data-shows/ https://ncrc.org/the-washington-post-americans-are-returning...