Where do you live that a decent 4br/2ba goes for 200k? I’m in the Midwest and that’s at least 100-150k lower than I’d expect in an urban area (rural communities, sure - but not the city).
Ask a bunch of middle managers in a downtown office what they would consider too far of a commute for their current job.
Housing prices will fall off a cliff somewhere between the median response and the max response.
I’m in the "Midwest" and that’s at least 100-150k lower than I’d expect in an urban area.
The parent was not talking about Berlin, but about affordable housing in an urban environment. I would hardly classify Richmond as even a mid sized city despite the fact it's metropolitan area population is over 1 million, but it is definitely urban. I can walk to anything I need and like I said, bike to work. I mean it is the capital of a state so not exactly a "village"...I doubt there is anyplace on the planet that fully meets the HN-Platonic ideal of a magical land with no cars, cheap rent in exclusively brand new or prewar mid-rise building, and bountiful jobs at hundreds of tech companies.