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At some point you're just hitting the raw material cost of roof+walls+insulation+labor built to code which--for a pretty basic structure--can easily be $120k no
by d0gsg0w00f 5y ago
At some point you're just hitting the raw material cost of roof+walls+insulation+labor built to code which--for a pretty basic structure--can easily be $120k no matter the location. Even if land was free this would still be unattainable for many under-homed people.
- reducesuffering 5y agoThat's why I pointed to "mass housing at the cost of construction." $120k is the realm of minimums for SFH. For a bare necessities 432 Park Avenue[0], we should be able to do 3,000 residences within 85 stories of 800 sqft. apartments, at 50k per, amortized over 30 years and even cheaper after they're used. The Soviet Union couldn't give their people a lot but they could at least make some housing. 432 Park Ave's current prices are due to luxury amenities, Manhattan land, and inadequate housing supply. [0]https://en.wikipedia.org/wiki/432_Park_Avenue https://en.wikipedia.org/wiki/432_Park_Avenue
- deleted 5y ago[deleted]
- erik_seaberg 5y agoWe can mass-produce mobile homes for $70k, but as personal property they depreciate and are harder to finance, and some people have been screwed on renting the land.