it would be much easier to build simply due to a large availability of unskilled labour Money makes construction easier. For example it facilitates hiring skil

it would be much easier to build simply due to a large availability of unskilled labour Money makes construction easier. For example it facilitates hiring skilled labor (or pays for stainless steel rebar). The US housing market is shaped by two facts. 1. Housing is just about the “lowest and worst” [1] way to realize returns on real-estate. 2. It is about as hard (and often harder) to build inexpensive housing as expensive housing. [1] https://en.m.wikipedia.org/wiki/Highest_and_best_use https://en.m.wikipedia.org/wiki/Highest_and_best_use