Housing Location vs Size
The cluster centers on debates about why people prefer smaller, more expensive houses in desirable neighborhoods over larger, cheaper ones elsewhere, highlighting issues of affordability, subsidies, neighborhood prestige, and diminishing returns on house size.
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Building more houses is great. Buying the same houses for increasingly higher prices is not that great.
Maybe they want to own a house that's not $3m dollars
Previously people could also afford housing :D
Could be affordability, as single-family homes become unaffordable in many markets.
If only housing could be more expensive
Ironically many people already want this (as reflected by housing prices), but can't afford to do so
Estate agents in the UK will tell you the best value is to buy a cheap house in the best neighborhood. That may make financial sense in that you can gain some economic benefit by bringing the standard of your house up. The downside is every day you will feel like the poorest person in the area. Doing the opposite might give you a better sense of well-being.
Because not everyone wants a big home or to live in the places where big homes are inexpensive.
Idk if the article says this (paywall), but: Home ownership is basically subsidized in the US. So to take full advantage of that, someone may want to buy the most expensive house they can afford in the place they want to live. If it has extra bedrooms, so be it.
As the saying goes "houses are expensive not because of the house, but because of the neighbors".