Gary Pierpont Blog

The Scales Just Tipped

February 5, 2016 by garypierpontblog

Of course, we all know that some cities are expensive. When you talk about housing in San Francisco or New York, nobody thinks that comparing to the rest of the country is a sensible idea. But the reality is that, for decades, urban housing country-wide has been cheaper than suburban housing. But with changing demographics, primarily from the Millennials’ preferences perspective, urban homes are now worth more than suburban homes (2% more, according to Zillow).

 

Scales

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