[dantheman]

Housing was affordable because it could still be built.

[randmeerkat]

Maybe, developers could still build high density housing though. From what I’ve been told, developers prefer McMansions because of the profit margins.

[toyg]

That’s an equation with a bunch of factors. As soon as average land costs go over a certain threshold and apartment living is normalized, it becomes much more profitable to build up several units over the same plot of land.