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Yep, tell me about. Part of the reason is that the market is still out of whack from decades of under-building. However, the bigger reason is that new homes hav
by BenFranklin100 4y ago
Yep, tell me about. Part of the reason is that the market is still out of whack from decades of under-building. However, the bigger reason is that new homes have always been relatively expensive. The construction costs have to be immediately recouped for one thing, and they’re often located in more desirable areas.
The beauty of new homes is that they give the Amazon tech bro something to buy instead of coming into your neighborhood and bidding up the price of the older homes. That’s the good things about new homes: They help keep old homes cheaper.
- seanmcdirmid 4y ago> Part of the reason is that the market is still out of whack from decades of under-building. In the USA, anyways, many people left the home construction industry after the 2008 crash, and didn't come back when things picked up again. That means...no apprentices were trained up, experience was lost, etc...so labor costs have shot through the roof because experience is quite limited. And try even renovating an old home! You get quotes of like $150k just to do a kitchen.