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I think there's room for creating new technology that makes building houses easier and cheaper -- in every sense of the word: not just cheaper to buy, but requi
by hsn915 5y ago
I think there's room for creating new technology that makes building houses easier and cheaper -- in every sense of the word: not just cheaper to buy, but require fewer resources and time to build.
It's crazy that you need to basically be a millionaire to afford a decent house in a decent city.
Sure, part of the problem might be social/political/economic, but surely if the technology experiences a dramatic (10x) improvement, there's no way that the average person will not feel the effect of that.
- mdorazio 5y agoI don't think that's right. Houses in desirable cities are expensive because the land is expensive [1]. And to a lesser extent the permitting and planning processes are onerous. The construction itself for a normal "stick frame on slab" house is actually remarkably cheap. Also, we already have cheaper construction methods: mobile homes and prefab modular homes. A lot of people don't want them because they "feel cheap". [1] https://www.buildzoom.com/blog/paying-for-dirt-where-have-home-values-detached-from-construction-costs https://www.buildzoom.com/blog/paying-for-dirt-where-have-ho...
- hsn915 5y agoIf the problem is land area, then apartments in multi-story buildings should be significantly chaper than single homes. But they are not.