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The US needs to build 2 million houses to revive the American dream of homeownership
(www.businessinsider.com)
this post was submitted on 19 Jun 2024
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For us, the suburbs are cheaper than the cities. We basically have no choice. I have to work in the city but can't afford to live there with a family. Mainly the rent/mortgage prices, and groceries. It's all cheaper when I'm willing to drive 30-60 minutes outside of the city.
It's cheaper for you because suburbia effectively gets subsidized, and because housing in cities gets artificially limited through ridiculous zoning rules. Ideally, suburbs should have to actually bear the costs of the infrastructure necessary to their existence, and we should do away with things like detached single family housing and absurd parking minimums in urban areas.
That’s rapidly changing all over the place. The question is now whether you want the suburb life and a commute or to live in the city with amenities. The prices are very similar now.
I'll always wonder what you posted....
Something off topic about not wanting to live in a city. One of the reasons I'm big on urban renewal is maybe it will get more people to move into cities so there's fewer of them in rural areas where I want to live.