Those aren’t only two options. May I present the Missing Middle. While high-density doesn’t make a lot of sense in small towns due to the high per-unit cost to build, medium-density like townhouses, duplexes/triplexes/quads, and lower-rise apartment are actually cheaper per-unit due to shared infrastructure.
The investment part is the problem. Detached homes work in small towns for sure.
I’m probably spoiled but I grew up on an acreage and I’ve lived in an apartment for the last 10 years and I hate it.
Those aren’t only two options. May I present the Missing Middle. While high-density doesn’t make a lot of sense in small towns due to the high per-unit cost to build, medium-density like townhouses, duplexes/triplexes/quads, and lower-rise apartment are actually cheaper per-unit due to shared infrastructure.