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Look at the price of residential-zoned lots versus the price of a finished home. The cost of a house isn't in the building.
by freeone3000 9y ago
Look at the price of residential-zoned lots versus the price of a finished home. The cost of a house isn't in the building.
- Cacti 9y agoIn the Bay, sure, but this is a statewide regulation. What about a $200,000 home out east that is now 15% more expensive?
- jjeaff 9y agoThis will add $20k to $30k. Even in the Bay area, that's substantial. Especially when you are already on the edge of affordability.
- mortehu 9y agoThe cost of the solar panels doesn't necessarily come out of the buyer's pocket. Instead, the cost could come out of the previous landowner's profits, if prices are mostly determined by what buyers can afford. In other words, the land drops in value by the cost of the solar panels that will have to be installed on it.