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Land is a much bigger issue these days. The actual houses are still cheap. When buying a house you're mostly paying for the plot which no one realizes
by homero 3y ago
Land is a much bigger issue these days. The actual houses are still cheap. When buying a house you're mostly paying for the plot which no one realizes
- celdon25 3y ago> which no one realizes Ah, yes, the popular urban myth that houses in cities are made of gold and platinum (or similarly expensive materials) while the houses built on the periphery are doomed by planned obsolescence. Thank you for telling us that isn't the case.
- silisili 3y agoThere's a heckuva lot more than that. In the vast majority of cities, the land isn't worth a fraction of everything else involved. You can't just pay your 10k(or even 100k) for a plot, 125k for a prefab, then call it a day. If you could, house values would absolutely plummet. You've got the permits, the foundation, driveway, utilities, and the whole issue of paying someone to put the parts together, to name a few.
- bombcar 3y agoYou just need to look around more, lots with electrical and water/sewer already run to them can be as low as $10-20k. But not in San Francisco.