2 ms·
That's not the root cause. The Root cause is needing a house for your car.
by mike50 4y ago
That's not the root cause. The Root cause is needing a house for your car.
- RC_ITR 4y agoI disagree. The root cause is that homes are in part appraised (for mortgage purposes) on hypothetical rebuild costs, so this is a way to make those rebuild costs higher (and justify why you’re paying $500k for something that cost $40k in 1980). If it weren’t car garages, it would be kitchens. Cars are a separate problem, as evidenced by the extreme housing prices in some of America’s least car reliant cities (NYC, SF, Boston, DC, etc.).