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If it’s built at 1/3 the cost but needs to be rebuilt frequently, then it’s not really cheaper. The cost just gets spread out over time and you incur the additi
by hysan 2y ago
If it’s built at 1/3 the cost but needs to be rebuilt frequently, then it’s not really cheaper. The cost just gets spread out over time and you incur the additional cost of needing to deal with the sourcing and reconstructing of the house. There’s definitely fat to cut, but I don’t think poor construction is a good way to cut that fat.
- throwup238 2y agoIt really doesn't matter. The cost of $100k in repairs over 30 years is under $300/month and that's enough to rebuild an decent house or condo in most of the country. Demand has driven up the cost of housing much more than $300/month, whether you're renting an apartment or buying a house. For most renters that's close to what their landlords profit on top of an over-leveraged mortgage or what they can save by buying if there was any affordable real estate.