I can't remember what led me to it, but I found to be worth reading a recent commentary pointing out some basic free market principles as applied to where houses get built and sold. Maybe people who want a house big enough for their family can’t afford to buy one close to where they work. Maybe they just prefer to have a house with more space around it and are willing to trade the benefit of that space for the detriment of having a longer commute. Whatever the reason, if there weren’t people who want to live in larger houses on larger lots away from the city, then such houses wouldn’t get built. No one is forcing people to buy those houses.
And while you are there, scroll down the page at the link to see some intriguing (at least to someone who is interested in real estate) pictures of a small town in Texas.
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AuthorThe contents of this blog, this web site, and any writings by me that are linked here, are all my personal commentary. None of it is intended to be legal advice for your situation. Archives
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