Yes that’s what the Ivy hall types keep trying to sell the public, but the buyers are voting with their pocket books and the builders are listening.
Riddle me this: if there’s no demand, why are good downtown areas so damned expensive per sq ft?[/quote]
Shoveler is a few decades late. At one time, people were abandoning the city and moving to the suburbs. In the 1960s and 1970s. The trend started reversing in the late 1980s.
What Shoveler forgets that it that the suburbs and beyond were made possible by a subsidy regime that funds highway construction and forces public and private companies (eg telecom) to provide services out in the boonies for the same price.
Left to market forces, services providers, from the post office to telecom, cable and utilities, would charge more where there are fewer users and lower economies of scale.[/quote]
Most the Big Cities were started because of the importance of their ocean and river ports (for transport and commerce), though still important they are not nearly so much as they were 80 or so years ago.
IMO the recent high prices are the result of hype and limited supply, that same limited (downtown) supply is the real limit to this success IMO (it only allows for a very small percentage of the population, it won’t scale).