Even with the rental housing rates on the rise, the number of people buying and renting houses in the suburban is looking up consistently. This may be because of the peace and quiet provided by the suburbs away from the constant hustle and bustle of the urban area.
Suburban rents also tend to be cheaper than rents in the heart of the city by a marginal amount, which makes it comparatively more affordable. Here are a few more reasons why people prefer the suburbs over the urban landscape.
Preference of Suburban Areas
Another reason that contributes to people preferring the suburban areas over the urban ones is due to the friendly and non-commercialized neighborhood which, in itself, offers a safer alternative to most urban areas. Since most of the people renting are families with kids, they would prefer to live in an area that would be safe for raising their kids.
Also, during the foreclosure crisis, occupancy of suburban homes increased by leaps and bounds since people were finally able to afford these nicer properties at discounted rates. And once they settled in, people, for the most part, did not shift elsewhere. Over generations, as the number of people grew, they set up base in the suburbs and began to occupy more and more space.
What Does The Study Say?
In a comparative study of average rent rates for urban versus suburban areas for most cities like St. Louis, Minneapolis, Chicago and so on, it was revealed that average rental rates for suburban areas were significantly less. The most shocking contrasts were observed in New York and San Francisco, where the urban housing rates were significantly higher than their suburban counterparts.
Another major, personal reason why many people prefer to live in the suburbs is the simple reason that, when raising a kid, the suburbs are the place to be. With kid-friendly infrastructure and landscapes that allow room for growing children and their multitude of needs, the suburbs beat the downtown by miles. Schools, playgrounds, and other such structures exist in both suburban and urban areas, but there’s a stark difference between how these structures are handled and maintained, as well as the number of people that utilize these resources.
Also, crime rates are generally lower in suburban areas, which means that people are more likely to stay in one place for longer periods of time. Suburban areas also typically offer more room and open areas while cities are generally more crowded.