4 ms·
Density or going 3D does make things cheaper. However there are still three problems. 0. Zoning in the UK and USA is prohibiting new construction. This is a f
by internaut 10y ago
Density or going 3D does make things cheaper.
However there are still three problems.
0. Zoning in the UK and USA is prohibiting new construction. This is a fact that can't be got around. It is a political problem.
1. House prices. Extant legal construction builds have gone way above what millennials can afford on their stagnant wages. It is a logical consequence of monetary policy at zero % interest rates can cheap debt but many people, including myself, have no desire to be buying a building which will take several decades of work to pay for. Renting isn't a solution either.
It used to take between 5 and 10 years to pay off a mortgage. Builders I've talked to say their new builds in the US are never less than 350k per unit.
2. Work is not what it used to be. Even jobs which have decent wages have not kept up with the kind of house price inflation that exists in London and San Francisco. People go where the work is, and it is becoming ridiculous to shackle yourself to a thirty year debt when the job you went there for lasts about five-seven years on average.
Summation: Tiny Houses are a good solution to a world of stagnant opportunity and a schizophrenic economy. They are about putting a backstop against getting fucked by going bust or becoming homeless to put it plainly.