> I don't know how to break this on a policy level.
Let's just stop flocking to overpriced places.
It's that simple!
Let's just stop flocking to overpriced places.
It's that simple!
Every big company at hubs which tried to move to cheaper locales beyond at most the network's fringe has found it a failure. That is an empirical bit of evidence that there is real value to the location. Essentially it is more expensive than it could be if the city kept up with housing development but the willingness to pay and failure to substitute means the value is real. You personally may or may not get sufficient of worth from the value just like any other tool.
You didn't have to go further than that. Suburbs to me only make sense once you have kids. I'm planning on moving back to chicago this summer and my girlfriend and I are looking to move to a triplex (currently looking at around ukrainian village/wicker park, maybe lincoln park) for a few years until we have kids and then i still might put it off until we have a 3rd or one kid reaches kindergarten age.
And if others are complaining, well, they're probably not in the same situation I am.