I'm not so sure. I'm in the Midwest, and housing shortages and gentrification are extremely prevalent problems here too, in almost every city with employers. It's a major problem even for some absolutely tiny towns - http://www.freep.com/story/money/real-estate/2015/12/21/hous...
Sure, the scale is way smaller than coastal cities. But if you adjust the prices to match the incomes, the unaffordability problem is roughly identical in terms of pain. A Michigan $300k urban condo is basically as unaffordable as a Seattle $600k condo, once you notice that Michigan incomes are roughly 50% lower than Seattle, on average.
Sprawl is cheap, that's absolutely true. But it's also sprawl -- with all the problems that entails. The only cities I know of with "huge housing surpluses", are cities that have majorly failed in some way (like Flint).
Sure, the scale is way smaller than coastal cities. But if you adjust the prices to match the incomes, the unaffordability problem is roughly identical in terms of pain. A Michigan $300k urban condo is basically as unaffordable as a Seattle $600k condo, once you notice that Michigan incomes are roughly 50% lower than Seattle, on average.
Sprawl is cheap, that's absolutely true. But it's also sprawl -- with all the problems that entails. The only cities I know of with "huge housing surpluses", are cities that have majorly failed in some way (like Flint).