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In addition to being larger, houses today are more lavish. In the 1950s, houses were around 1200 square feet, they had a kitchen and a bathroom but did not nece
by Mz 9y ago
In addition to being larger, houses today are more lavish. In the 1950s, houses were around 1200 square feet, they had a kitchen and a bathroom but did not necessarily have a washer and dryer or air conditioner. They certainly did not have a microwave and probably did not have a dishwasher. They tended to have less insulation, less electrical wiring, etc.
Yes, there is data on such things. There are a number of reasons that housing has gone up in cost, but size inflation is absolutely a contributing factor.
- closeparen 9y agoThe appliances you're describing are a few hundred to a few thousand dollars each. Maybe we could expect the full package to contribute $30k, or even $50k, of increased costs. This could explain a jump from $200k to $250k. Not from $50k to $200k.
- Mz 9y agoAverage housing size has also more than doubled, plus there is inflation. Average new housing is above 2400 sq ft, nearly 2500, iirc.