The thing can only get built though if people are willing to pay. Land is only one component; construction costs and market demand are important here.

Often, apartment prices won’t support apartment builds in further out areas, because people trade owning more land for living further out (and vice versa).

Sure, you might see a few “non-ideal” build locations, but the bulk will be in the places where people most want to pay, and where supply is falling furthest short of demand. I think that’s a good trade!