Paraphrasing Yogi Berra – It’s so crowded, no one lives there anymore.
If people hate dense urban areas so much, why isn’t Manhattan one of the cheapest places in America to buy a house? Why isn’t San Francisco cheap? If people are voting with their feet for sprawl, why is land in Georgetown so much more expensive than land in Georgia?
PS. Oops, someone in the comments on Slate beat me to my punchline. Oh well, it’s that obvious.