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This is the same reason suburban sprawl continues to grow despite the reduced density at the edge. There’s a premium for a perception of being mostly surrounded
by Kaibeezy 1y ago
This is the same reason suburban sprawl continues to grow despite the reduced density at the edge. There’s a premium for a perception of being mostly surrounded by open space, out past all the other housing developments and strip malls that are a back towards the city. It creates a bump of economic gradient at the frontier.
- filcuk 1y agoI feel like that's completely unrelated.
- ForOldHack 1y agoExhibits the same behaviour.
- noboostforyou 1y ago> There’s a premium for a perception of being mostly surrounded by open space Maybe? In urban areas the opposite is true - rent goes up the closer you are to a major subway station https://www.renthop.com/research/nyc-mta-subway-rent-map-2023/ https://www.renthop.com/research/nyc-mta-subway-rent-map-202...
- harrall 1y agoPeople buy at the frontier because they can afford the housing there, even at the severe loss of amenities. Especially if the next 20+ years of their life is going to be driving their kids to sports games anyway.