3 ms·
Zoning and Price of Raw goods. For awhile lumber prices alone added an additional 15-30K to the cost of building a new home. This caused the builder to focus
by syshum 5y ago
Zoning and Price of Raw goods. For awhile lumber prices alone added an additional 15-30K to the cost of building a new home.
This caused the builder to focus on building more higher end homes, so new homes in the 5-6x median income market were being built but the home in the 2-3x median income home that most people would buy (and should buy) was not cost feasible to build.