Retrofitting is much more expensive than original construction, though, so older US cities and developments are at a big disadvantage. So somewhere in-demand but older like California coastal cities give you the delightful result of paying more for crappier buildings and infra - because you're paying for the location, not the condition of the infra.
Retrofitting is much more expensive than original construction, though, so older US cities and developments are at a big disadvantage. So somewhere in-demand but older like California coastal cities give you the delightful result of paying more for crappier buildings and infra - because you're paying for the location, not the condition of the infra.