|
|
|
|
|
by goosedragons
1302 days ago
|
|
Because if you don't have to drive to work in the city every day you're not going to care if your house is a 3 hour drive away. So you buy that new giant single family home with the large lot instead of the two bedroom condo that's in walking distance or the older townhome that has a sub-45 min driving commute. This might be a very North America problem but with the pandemic and the rise of WFH it's something that's been observed. The prices of homes outside the city have risen faster than those inside the city at least in Canada [0]. https://www.bankofcanada.ca/2022/06/staff-analytical-note-20... |
|