> Fixing up homes is very inefficient and usually done by mom and pops. This doesn't ipso-facto make it inefficient. There's evidence that construction does n

> Fixing up homes is very inefficient and usually done by mom and pops. This doesn't ipso-facto make it inefficient. There's evidence that construction does not become meaningfully more efficient with scale [1]. At GIGANTIC scales, you're looking at maybe 10% savings. And these scales are quite rare in the US & the EU - mostly only happening in Asia. True, on the largest investment of most people's lives - 10% is something... Anyway - you're not going to get great returns with layers of high-paid management and beat mom & pops by much. [1] https://constructionphysics.substack.com/p/why-are-there-so-few-economies-of https://constructionphysics.substack.com/p/why-are-there-so-...