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They're building constantly here in Omaha, Nebraska. Affordable though? Apparently not. I mean if you have a lot for development are you going to build a $200K
by JKCalhoun 2y ago
They're building constantly here in Omaha, Nebraska.
Affordable though? Apparently not. I mean if you have a lot for development are you going to build a $200K home or a $600K one on that lot?
- thfuran 2y agoSingle family homes are profoundly inefficient in so many ways. They're pretty much doomed to be expensive housing.
- jeffbee 2y agoIt sounds like you have shifting baseline syndrome. Omaha last year built fewer houses than had built 25 years ago, but the city is a third larger than it was 25 years ago. So in fact it is building slower than it did in the past.
- JKCalhoun 2y agoI don't doubt you have the numbers. I've only been here three years. I live on the west end of town where (seemingly) all the new construction is going on.
- jeffbee 2y agoSure. New housing units permitted: https://fred.stlouisfed.org/series/OMAH531BPPRIV https://fred.stlouisfed.org/series/OMAH531BPPRIV Population Omaha (note: change in statistical area): https://fred.stlouisfed.org/series/OMAPOP https://fred.stlouisfed.org/series/OMAPOP Housing starts per 1000 residents: https://fred.stlouisfed.org/series/OMAPOP https://fred.stlouisfed.org/series/OMAPOP