Hacker News new | ask | show | jobs
by thorwasdfasdf 2494 days ago
I genuinely don't understand how people, out-weigh the benefits of zoning against the million dollar price tagged homes. What is so important, that justifies you go into debt 800K plus extra?

Personally, I'd rather pay 200K for a home, rather than 1 million $ for the same home but with zoning laws. Now, I don't know if it's a 5 to 1 difference in every case. But, we all know 5 to 1 difference in cost is not at all unusual on a per sq ft basis.

2 comments

Where I am, in Vancouver BC, the price tag for detached houses starts around a million, it's hard to actually find a condo for as little as 200K assuming you'd like decent access to transit or to not live in a sardine can.
Found lots of detached houses in Vancouver for around 150k CAD a few miles away, do you mean that you can't find them in the city center? When people say that they pay a million for a house in the valley what they mean is that they paid a million for a house and still have to commute for an hour per day.
Probably because zoning isn’t the reason for high prices in most cities