People want a single family homes with a nice property in nice area. They want a short commute and all the convenience of modern life.
There is in fact a hard limit on how many single family homes you can have in a an area. You can build them somewhere else, but then you get long commutes or short commutes to low paying work.
HN, let me remind you, most people do not work in tech banging on a keyboard all day with mild collaboration. Most people still need to commute to their jobs at least once a week. The majority still need to go in everyday.