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"the inflation-adjusted price of new homes has been relatively stable since 1973 in a range between about $105 and $125 per square foot" However this is only n
by massysett 10y ago
"the inflation-adjusted price of new homes has been relatively stable since 1973 in a range between about $105 and $125 per square foot"
However this is only new homes, not used homes.
http://www.aei.org/publication/todays-new-homes-are-1000-square-feet-larger-than-in-1973-and-the-living-space-per-person-has-doubled-over-last-40-years/ http://www.aei.org/publication/todays-new-homes-are-1000-squ...
- deleted 10y ago[deleted]
- seanp2k2 10y agoMaybe true in aggregate, but not true of many cities these days. For example, you can't touch a new home of any size in the Bay Area for less than about 750k, and that's even a long stretch. 250k for 2,000sqft would be a dream for many here.