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>but what we can't get now is affordable real-estate Median housing in the US has been around inflation adjusted $100/sq ft for decades. Houses today are mass
by ChrisLomont 5y ago
>but what we can't get now is affordable real-estate
Median housing in the US has been around inflation adjusted $100/sq ft for decades.
Houses today are massively larger than in the past, making the costs look higher. And what you get today is also a lot better - more efficient, cheaper to heat and cool, safer, better electrical, water, etc.
- ChuckNorris89 5y ago>Median housing in the US has been around inflation adjusted $100/sq ft for decades. I was talking about the European real-estate market. I don't know the US market but I heard it's much more affordable than here, at least outside of SF/NY/etc.
- ChrisLomont 5y agoEuropean costs vary by well over a factor of 10 across countries, especially urban to rural. I don't see evidence across all of Europe any data for much difference than in the US. Dense places cost more, sparse places are amazingly cheap. Poorer countries, like poor states, have even cheaper housing.
- pnutjam 5y agoburn down much faster... https://idahonews.com/news/local/how-fast-can-new-houses-burn-much-faster-than-they-could-decades-ago https://idahonews.com/news/local/how-fast-can-new-houses-bur...
- diordiderot 5y agoSo my options are 3k a month for a walk in closet in SF or 3k a month for a mansion in Reno Maybe we need more housing options
- ChrisLomont 5y agoMaybe people need to move where housing is cheap if they want cheap housing.