People want this kind of development, they flock to it, and they are willing to pay astronomically high prices to get it. The government keeps the supply low with exclusionary zoning that makes all types of construction except car-centric single family housing illegal.
There basically aren't any properly transit served and walkable areas in Sacramento. Closest would be Midtown and Richmond Grove, but they aren't really very good at all compared to neighborhoods in cities with actual infrastructure.
But despite that they are _still_ some of the most expensive neighborhoods in the area on a cost to sq foot basis. The trend of walkable transit served areas being in high demand is near universal across the US.
edit: comment not commit
I will break it down for you. The original poster said 'most expensive' not the 'most expensive on a per-sq-ft basis'. You are arbitrarily adding the words on a per-sq-ft basis because you FEEL like its much more useful. You provide 0 evidence to support this.
For example here is evidence that most people besides you feel that total cost is a much more important and useful metric. The follow sites selling homes list total cost as the main metric NOT the price per sq foot: https://www.zillow.com/ https://www.realtor.com/ https://www.movoto.com/ https://www.redfin.com/ https://www.trulia.com/ https://www.homes.com/
Edit: Here are the top three sites on google when you search "most expensive areas to live in the us". A three seems to use median home price not median price per sq ft. https://www.rocketmortgage.com/learn/most-expensive-cities-i... https://realestate.usnews.com/places/rankings/most-expensive... https://www.investopedia.com/articles/personal-finance/08091...
Never forget that most statements, especially imprecise ones like the one you quoted can be interpreted in many ways. It is very easy to find an interpretation that is incorrect, especially if you disagree with/dislike the premise.
The reason I say this is that your single example didn't seem to disprove the statement in my eyes. I read the statement as meaning that walkable neighborhoods are in most cases in much higher demand than other neighborhoods in the same region.
I don't really think either of us is wrong, more that the imprecision of the statement and language in general can be unfortunate and cause disagreement.
Also note that nobody will ever respond well to being accused of a logical fallacy. They are useful to understand what is happening and to rile people up. Not so much to convince anyone (that doesn't already agree with you) about anything.
depends on the person. People might move there because of the "vibe" or "excitement" and that tends to go hand in hand with places you can walk.
If it counts I emigrated in large part to be somewhere nicer to walk, but I am unusual. Not unique, though! Jason Slaughter (of NotJustBikes) moved to Amsterdam from Canada explicitly for its urban design.
I'm not entirely sure that correlation implies causation in this case.
Do most people move to cities specifically because they're somewhat walkable with good public transportation, or do people move to cities for other reasons such as more access to better paying jobs?
Would people in cities rather drive to work if it was possible rather than taking a chance every day that the people next to them on the bus/train weren't some strange/risky people?
The justification for a lot of these zoning laws is explicitly that developers and the market will not provide adequate home sizes or parking, so minimum requirements are forced on developers. When law forces huge houses, no mixed use, and huge minimum parking lots, the only built environment that emerges is a car dependent one. Older US suburban neighborhoods, like the post-WWII suburbs, had smaller (900-1200 sq ft.) homes because these minimum lot and floor area size requirements weren't in place yet.
If you're curious about areas with different land-use requirements, there are cities in the US like Boston, Berkeley, or Emeryville (just off the top of my head) with more permissive zoning laws that have much lower car modeshare than other parts of the US.
Similarly, when I lived in the US I had to go 1.1 miles to the nearest coffee shop (or shop of any sort), and opening a coffee shop in my neighbourhood would have been illegal, and shut down very quickly. And that wasn't even all that far from the downtown of a medium-sized city (Sacramento).