>If it was just build costs wouldn’t we see more starter, smaller homes Sort of. Smaller homes also use less land, so it doesn't really matter which it is; you

>If it was just build costs wouldn’t we see more starter, smaller homes Sort of. Smaller homes also use less land, so it doesn't really matter which it is; you'd see more smaller homes either way. But zoning forces lots of land per house (with required house and lawn minimums), which squeezes land supply. So yes, it's land values, but only as a symptom of the core zoning issues.