It’s not just in cities. Property prices have skyrocketed pretty much everywhere. Maybe you can point out to some middle-of-nowhere place where this hasn’t happened, but such places also tend to have no jobs which is a problem for the typical person (so entitled, needing a job to live, I know).
Like where? I know towns that will offer you a plot of land for $1, so long as you promise to develop on it.
You do get high housing costs in places where populations are rising faster than housing development can keep up, or where development makes no sense (would you build an apartment block in a shrinking town?)
But like…I can point you to a bunch of cities in the US where housing prices are still quite cheap. You probably won’t want to live in those cities. That’s why they’re cheap. Supply and demand in action.
It’s not just in cities. Property prices have skyrocketed pretty much everywhere. Maybe you can point out to some middle-of-nowhere place where this hasn’t happened, but such places also tend to have no jobs which is a problem for the typical person (so entitled, needing a job to live, I know).
Like where? I know towns that will offer you a plot of land for $1, so long as you promise to develop on it.
You do get high housing costs in places where populations are rising faster than housing development can keep up, or where development makes no sense (would you build an apartment block in a shrinking town?)
But like…I can point you to a bunch of cities in the US where housing prices are still quite cheap. You probably won’t want to live in those cities. That’s why they’re cheap. Supply and demand in action.