3 ms·
> Ignoring land prices for the moment, houses do not cost a lot of money to build – a quick search online shows you can buy the materials for a three-bed timber
by ssharp 10y ago
> Ignoring land prices for the moment, houses do not cost a lot of money to build – a quick search online shows you can buy the materials for a three-bed timber-framed house for less than £30,000; in China a 3D printer can build a basic home for less than £3,000 – and the building cost of the houses we already have has long since been paid.
Wait...what?
Ignore the cost of land, ignore the cost of labor and houses sure are cheap to build!
- amazon_not 10y agoI feel it's a rather salient point that it's the land that is expensive, not the house.
- ssharp 10y agoIs that what the author intended to convey? I also question the quality of materials you're getting for that price, as well as the architecture of the house. In the same area, I've seen 4000 sq ft. houses sell for $150,000 and 4000 sq ft. houses sell for over a million in the same area. All materials and building plans are not equal, so it's still more than just land. I also wonder how much house flipping (or people having to update their own house before selling) has pushed prices up.