Places like this are only expensive in the first place because everyone builds single family homes that use up tons of space. Then we run out of land and the price of everything skyrockets and only then do cities start building vertical. This is largely the problem with affordable housing in the US, but we can’t have property values go down because real estate has become an alternative stock market I guess.
![[meme] Lawns and car storage — name a more wasteful use of land](https://lemmy.world/pictrs/image/c6a93d55-ab0b-4275-bd92-43931e7b7d77.jpeg){kind=link}
This is when we find out rent is $4000/month
Places like this are only expensive in the first place because everyone builds single family homes that use up tons of space. Then we run out of land and the price of everything skyrockets and only then do cities start building vertical. This is largely the problem with affordable housing in the US, but we can’t have property values go down because real estate has become an alternative stock market I guess.