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The main problem is housing in my opinion. Everything else is affordable enough. It takes a few months to build a house, but decades for someone to pay it off,
by xyzzy4 10y ago
The main problem is housing in my opinion. Everything else is affordable enough. It takes a few months to build a house, but decades for someone to pay it off, assuming they even have a job. Doesn't make sense.
- StavrosK 10y agoIt takes a few months for one person to build a house from raw materials? I'd like to meet this superman.
- xyzzy4 10y agoFrom a quick search: "The 2012 Survey of Construction (SOC) from the Census Bureau shows that on average it takes about 7 months from obtaining a building permit to completing a new single-family home."
- blablablame 10y agoYes, but it takes something like 30 people working on it (honestly no idea how many are required)? so 7 months * 30 and we are getting close to 18 man years.
- maxerickson 10y agoFor a modest house you wouldn't have much more than 5 people on site at any given time.
- bobwaycott 10y agoThat doesn't negate the parent's point, of course.
- StavrosK 10y agoYou aren't counting the work that went into creating bricks, tiles and two-by-fours. You have to start from trees, clay and marble.
- mrob 10y agoIn many places there are rules designed to make housing more expensive, such as requiring houses to be bigger than they need to be. Poor people living near you reduce the value of your house, so there's a strong incentive to make new housing less affordable.
- deleted 10y ago[deleted]
- tmptmp 10y agoIt depends, upon your definition of house and on what kind of technology you have access to to build your house with, whether it takes months or years or days or even more or even less than that. See this news [1] regarding the time issue. So that's not the main big problem, the main problem is the cost of land. Today that has become a very big problem and the concentration of jobs in certain cities (parts) only has exacerbated the problem. The rich people have already purchased huge swathes of lands in important cities/areas and this has created/added to the problem of inequality in a very important manner. This problem can be solved by taking away the excess land from the rich after allowing them to keep some minimum amount. Another factor is population and its vast growth. The population and its growth should also be checked/controlled in a very big way. [1] http://www.huffingtonpost.com/entry/3d-printed-houses_n_5773408.html http://www.huffingtonpost.com/entry/3d-printed-houses_n_5773...
- Joof 10y agoTakes a couple days for habitat for humanity folks to build one. They have a lot of people, but very little skill and poor tools. A single person could feasibly build a house in a few months.
- gregpilling 10y agoI built a house. It took 3 days to frame it up, so it looked like a house, 3 months until all the doors, windows, etc were in and it could be locked up, and I moved into it at the 6 month point. All work done on weekends, and evenings by myself and my wife. A bit of help from some friends. We did all the work except for the pouring of the concrete foundation and the hot tar roof. It was a good experience, something I had never done before. I learned a lot and it was a set of skills I have used often since then (this was in 1998). The confidence that you get from finishing a large project has been great too. The real time consumption is all the little things - network cabling, gardening, finishing and trim inside and outside. Just building a structure to live in is quite easy, and does not take that long.
- StavrosK 10y agoAgain, there's a lot of work that you just glossed over. There were man-years of work put into making the doors, bolts, screws, boards, and everything else you just had to assemble into a house. Try building a house from stuff you find in nature, and it will take a lot longer than a few months.
- internaut 10y agoNobody in the economy works ab initio. Since the house builder is proceeding from the same point as commerical house builders this is a fair comparison. If you're interested in ab initio home building I direct you to Primitive Technology on Youtube. That guy really does build from the beginning. No exposition too.
- internaut 10y agoI want to do this as well for a Tiny House (320 sq ft + 160 sq ft loft). I think the physical building part will take six months (assuming I take part-time work with my day job). I estimate I will save hundreds of thousands in the end when compared to the traditional route. It is the legal, planning and design, all the research, which is the invisible cost that takes at least as long as the physical building activity. Even non-Tiny Houses have a cost which is mostly paper. I'd like to see a breakdown of costs excluding labour and materials across the world. I don't think people realize how much of a house price is arbitrary. High house prices aren't necessarily a sign of a wealthy neighbourhood, it could be just the opposite e.g. new regulations made it cost prohibitive for new builds, which makes everybody look good on paper. And now the average person can't buy the average house. > The real time consumption is all the little things Yes! The impressive part, the framing/sheathing/cladding is instantaneous in comparison.
- ulucs 10y agoYou might find this interesting: https://en.wikipedia.org/wiki/Gecekondu https://en.wikipedia.org/wiki/Gecekondu
- svantana 10y agoIt does make sense because what you're really paying for is the land the house sits on, at least in or near the major cities. It's a zero sum game because "God's not making any more land" (Tony Soprano). The obvious solution is to start new cities -- or radically expand smaller ones so they reach critical mass. That's why I'm closely following Sidewalk Labs and YC's New Cities.
- paulddraper 10y ago? There are gobs of cities. Many of them are being abandoned.