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by watwut
1491 days ago
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I dunno. The most expensive are houses near center of city usually. People pay a lot for that. Then second most are apartments near center of city. The houses further away are cheaper. Some people definitely prefers them, but I dont think buying patterns show them being majority. The houses with no stores around, with no busses around where you and your kids needs driving everywhere are comparatively cheap. Even people living in houses with yards seem to prefer them if they are either walking distance from forest, walking distance from stores/community centers and ideally both. |
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The houses in the suburbs of Bay Area peninsula are more expensive than the houses inside SF city limits. Of course there many factors like schools that influence that, but I wouldn't argue your observation is always correct.
And price is due to supply/demand. If the supply of single family homes in the middle of cities was high enough to keep costs down, sure, plenty of families would choose those. But they aren't, so people trade off living close to a city center with a lower cost single family home.