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Comment by hervature

What these analyses normally miss:

- Building codes have changed. Things are much safer now than in the past. The chance of dying in a fire has decreased 1/4 since 1950 [1].

- Houses are much bigger. Houses have almost tripled in size [2].

- Quality of finishes have increased. People will probably debate me on this because things have generally gotten cheaper over time but that means that the expectation for a house now is quartz countertops and not vinyl.

- Desirability has changed. For example, the number of sports teams have tripled since 1950.

[1] - https://www.statista.com/statistics/526310/timeline-deaths-n...

[2] - https://www.ahs.com/home-matters/real-estate/the-2022-americ...

parent hervature 1 year ago

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