To destroy housing values to increased affordability, you must destroy locality as a value factor.
To destroy housing values to increased affordability, you must destroy locality as a value factor.
Not really a fix. When people's location becomes free from their jobs, they don't move to remote locations where land is cheap. They move to cities they want to live in, or cities where they have friends and family.
The subset of people who prefer to move to the middle of nowhere and prioritize the cheapest housing above all else is very small (and probably overrepresented online)
https://www.yardikube.com/blog/remote-workers-leading-the-mi...
https://www.wcnc.com/article/money/charlotte-north-carolina-...
https://www.fanniemae.com/media/48891/display
https://www.americanexperiment.org/study-finds-that-remote-w...
https://web.archive.org/web/20230127175520/https://www.rural...
(also, I said where housing is affordable, not the middle of nowhere)