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by govspy 3728 days ago
I would have thought living near the airport would be the cheapest square footage on that map.

In Toronto they can barely give away apartments located near Pearson Airport due to the incessant noise (and some crime, probably associated with the low purchase price of the apartments).

The prices are ~50% of what they are everywhere else in the city.

2 comments

That is largely true for the east bay—the Coliseum Bart station is the transfer point to the Oakland airport. And the neighborhoods around SFO are not nearly as gentrified as many others nearby on the peninsula.
there might be a lot of value in located near airport for businesses which rely on air freight, which probably drives costs up, since it competes against residential for land.