3 ms·

Land and labor are not free.

• resuresu 4y ago
  Land is actually valuable because its scarce. And as for building costs I highly doubt it cost 100k for the labor.
  • jmoak3 4y ago
    These days even pouring a driveway can cost in the tens of thousands of dollars. Constructing a house is rather expensive, here’s just a random link from google: https://www.ramseysolutions.com/real-estate/how-much-does-it-cost-to-build-a-house https://www.ramseysolutions.com/real-estate/how-much-does-it... Another random link claims 30-50% of the cost is labor: https://www.bankrate.com/real-estate/cost-to-build-house/ https://www.bankrate.com/real-estate/cost-to-build-house/