In some ways it’s bad for society too in my opinion. As suburbs become more dense, people with money who don’t want to deal with the hassle of increased local traffic, higher property taxes, higher crime move even further out and get an even bigger house for cheaper. Rinse and repeat.
My favorite example is that I live in the Phoenix metro. Tempe, the suburban city bordering Phoenix to the east has a major street called Rural Road. It is of course in no way rural anymore and I can continue East on the US 60 for another 30 minutes and not sure I’d encounter anything truly “rural”.