Yes housing is not in accorandce with the construction costs. Essentially you have inflated bureaucracy and artificial supply constraints & zoning (NIMBY) trying to keep the housing prices up.
Houses are just fine in Boise, ID or Albany, NY but so much cheaper than the coasts. This is really frustrating, and I don't see a politicly workable solution. So spend 50% on rent or move to Idaho...
None of this is even considering that we may be able to substantially lower construction costs with prefabricated/3d printed homes/economies of scale.
Houses are just fine in Boise, ID or Albany, NY but so much cheaper than the coasts. This is really frustrating, and I don't see a politicly workable solution. So spend 50% on rent or move to Idaho...
None of this is even considering that we may be able to substantially lower construction costs with prefabricated/3d printed homes/economies of scale.