Why are housing costs so high in the suburbs?

12 Answers

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  • 1 year ago
    Best Answer

    Supply & Demand.

    There is generally high demand in suburbs which are desirable - everyone wants to live there, so high demand drives up prices.

    Things that make a particular suburb desirable and drive up the real estate prices could be: Good schools, low crime, good entertainment or shopping options, ease of commute to areas with jobs (either through short drives with no traffic or good public transit), public parks, culture, and weather.

  • 1 year ago

    In city is more expensive than suburbs the farther out the cheaper. I can still get a good house here for 450K but in the city it averages 700K.

  • 1 year ago

    Demand. That's where people want to live.

  • R P
    Lv 7
    1 year ago

    Supply and demand

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  • 1 year ago

    Supply and demand

  • Anonymous
    1 year ago

    Supply and demand

  • Anonymous
    1 year ago

    It's the law of supply and demand. Plus, aside from the more expensively built and maintained houses and lawns, you have to add in all the extra property taxes that fund the nice schools for that suburbanites demand and fund all the police and firefighters that keep the neighborhoods safe and fund all the street sweepers and road workers and various other personnel that keep the streets beautiful. And if it's an especially nice suburb, on top of all that, you've got HOA dues and all that goes with that.

  • Mog
    Lv 7
    1 year ago

    To keep the poor away.

  • 1 year ago

    Because everyone wants to live there....

  • Rick B
    Lv 7
    1 year ago

    Supply and demand.

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