Kotkin on suburbia: He forgot about prices.

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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?

Source: Slate.

PS. Oops, someone in the comments on Slate beat me to my punchline. Oh well, it’s that obvious.

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