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by temp-dude-87844
1604 days ago
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Just as the article notes, free lots in out-of-the-way towns aren't too attractive because you still have to spend many dozens of thousands of dollars to put on a house on it, and then you live in an out-of-the-way town with few ways to resell. At that point, you could move to the rural fringe of a populous area, and be a lot closer to amenities, entertainment, good schools, healthcare, childcare, shopping, etc. In dense and popular areas, it's the land prices that contribute to high housing prices. In less popular areas, it's construction prices that dominate the cost. |
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The Bay Area is something of an exception because of geography. But, in general, drive out an hour from a lot of major and certainly mid-sized cities, and it's pretty easy to get out to a rural or exurban area and have a ton of space if you want it for a pretty reasonable amount of money--while still having easy access to urban or near-urban amenities.