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Not the US, but here real estate developers are complaining that modern stringent building code requirements (i.e. gas free, highly insulated) combined with hig
by tinco 3y ago
Not the US, but here real estate developers are complaining that modern stringent building code requirements (i.e. gas free, highly insulated) combined with high labor costs make it so that it is infeasible to build lower income housing.
I think the bigger problem is that land value is insanely high in The Netherlands right now, but there's probably a truth in the middle as well. Land costs might be lower in the US, but maybe not closer to metropolitan centers?
- theGnuMe 3y agoThat’s all smoke and mirrors from the builders. Most high end luxury features are cheap to install but they can charge a lot for them. Lot size and location will matter but now they put houses right next to each other. Townhomes with shared walls are even cheaper! Builders will also complain about inspections though since time is money… but if you don’t have them they will take shortcuts.