I think the trick with compiling such a metric is defining it, and it’s intended purpose. You’ve got one: compare the city of commoners to city of wealthy people. Or maybe a rich town locator.
With apartments, you get the sq. ft. of the dwelling, but there’s also common areas. None of it being owned by the residents, merely rented. Contrast that with farm land, you’d have relatively few people with high amount of “owned land”.
Sometimes very rich people choose to rent in ultra luxury apartments.
I wonder if part of the metric is something like, $ value of land / sq. ft. that is privately owned? Someone in Nebraska maybe owns 50 acres of land that is relatively low demand, versus say… a guy who owns a few golf courses in expensive areas.
I think the trick with compiling such a metric is defining it, and it’s intended purpose. You’ve got one: compare the city of commoners to city of wealthy people. Or maybe a rich town locator.
With apartments, you get the sq. ft. of the dwelling, but there’s also common areas. None of it being owned by the residents, merely rented. Contrast that with farm land, you’d have relatively few people with high amount of “owned land”.
Sometimes very rich people choose to rent in ultra luxury apartments.
I wonder if part of the metric is something like, $ value of land / sq. ft. that is privately owned? Someone in Nebraska maybe owns 50 acres of land that is relatively low demand, versus say… a guy who owns a few golf courses in expensive areas.