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Houses keep getting to be better quality. 30 years ago, houses were smaller, built with shittier materials, cost more to heat and cool, didn't have as many bath
by onlyrealcuzzo 7y ago
Houses keep getting to be better quality. 30 years ago, houses were smaller, built with shittier materials, cost more to heat and cool, didn't have as many bathrooms, appliances, or wiring.
None of this is free.
Houses should be outpacing inflation under these conditions.
- LilBytes 7y agoThis is complete nonsense are at the very least, localised to you and you region. 2 bedroom, shitbox, shoe-box apartments are being sold for $1,000,000 in Sydney that are being condemned less than 10 years after they were built because of the shocking quality of their construction. ABS News: a legacy of defects: https://www.abc.net.au/news/2019-08-18/how-bad-could-the-apartment-building-crisis-be-in-your-state/11413122 https://www.abc.net.au/news/2019-08-18/how-bad-could-the-apa... Quantity over quality: https://www.openagent.com.au/blog/quantity-over-quality-the-decline-of-housing-quality https://www.openagent.com.au/blog/quantity-over-quality-the-...
- onlyrealcuzzo 7y agoSydney is in one of the worst housing bubbles in the world. It's not representative of most of the world.
- LilBytes 7y agoI'd go further than that, and say most of Metropolital Australia is the worst example of a bubble. ``` Over 66% of Australians live in the greater metropolitan area of Australia's 8 capital cities with Sydney being the largest (around 4.9 million), followed by Melbourne (4.5 million). ``` https://mccrindle.com.au/insights/blog/australias-capital-cities/ https://mccrindle.com.au/insights/blog/australias-capital-ci...
- onlyrealcuzzo 7y agoI agree. And Canada and Hong Kong, and a few places in Europe.