Re:The housing shortage is larger than you think
by teaearlgraycold on Wednesday December 20, 2023 @12:01AM
(#38705621)
I think this just proves that dense urban housing is both desirable and lower cost. What doesn’t change is that land is expensive. They aren’t making any more of it.
Just to start, this doesn't match reality. Dense cities get a lot of attention. Look at the SF Bay area. SF city is expensive yes, and it's dense. The median home is about 1.2 million. The rest of the bay's home prices suggest that people prefer less dense living. Atherton with a median home prices over 7million, palo alto at over 3 million, los altos is 3.5 million, menlo park over 2.8million, mill valley almost 2 million.
The most expensive places to live in the US are never its major cities.