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Depends on local market, but housing material doesn't contribute much to house prices. Land, permits, development charges, fees, make up an enormous percentage
by martythemaniak 3y ago
Depends on local market, but housing material doesn't contribute much to house prices. Land, permits, development charges, fees, make up an enormous percentage. You don't have much on labor.
In other words, no one will buy a shack for $500k when a proper house would cost $600k
- wegfawefgawefg 3y agoThen we just have to trim down the regulation. A society can only afford regulation when it is wealthy. If people start getting broke again you have to be adaptable and remove it so the price floor goes down. Laws cannot be ratchets.