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>Can it be that the issue you're describing explains what's happening in every single state? Has development stalled all across the USA (and abroad) simply due
by thereisnospork 2y ago
>Can it be that the issue you're describing explains what's happening in every single state? Has development stalled all across the USA (and abroad) simply due to regulation?
I mean this is pretty trivially true, excepting some markets like Japan. 100-200 thousand dollars of wood and drywall and concrete sells for 0.5 to 2 million in much of the country. People (builders) haven't started hating money, they just aren't allowed to build.
Heck if it were legal I'd personally find some investors, buy up a few 1 million dollar sfh's and replace them with 8 500k condos each.