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Generally speaking, people will always choose to spend money living as close to their ideal as they can, with the resources they are able to give toward it. The fact that so many people choose to live in suburbs, or the "sticks", suggests that there is something desirable to _them_ about living there. I.e. the same spending power required to live in a house in the suburbs, or rurally, could usually be used to live in higher density living, closer to urban centers, but instead they choose to suffer long commutes and expensive transportation in order to enjoy a different lifestyle. I think it's naive to suggest that "American housing" is a Ponzi scheme. |
So I think that some of this fact that the suburbs are desirable is not necessarily completely rational, and may instead be heavily influenced by the idea that moving to suburbs is what they grew up seeing as their future (due, of course, to federal programs that incentivized suburbanization) and by auto-industry lobbying and marketing that idealizes a car-dependent lifestyle.
Obviously there will be variability and I'm sure many people enjoy a suburban/rural lifestyle more than they would a city lifestyle. But I don't know if a preference for suburban living is really part of our human nature, and I think assuming that it is can be detrimental as it can take effort away from recreating the peace and quiet and nature access in a way that is accessible to all in a more efficient urban setting.