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"If it was, we'd just build smaller and have houses." Someone needs to tell the big developers. They keep turning out McMansions (and somehow selling them?).
by JKCalhoun 3mo ago
"If it was, we'd just build smaller and have houses."
Someone needs to tell the big developers. They keep turning out McMansions (and somehow selling them?).
There's no profit in building smaller.
- win311fwg 3mo agoThe local business producing single-wides seems to be doing fairly well and has been in business for over 60 years, so I am not sure it is accurate to say that there is no profit. The market is small, though. If you can afford a small new house you can also afford a large used house and most people are going to choose the larger house every time. In aggregate, there isn't a whole lot of incentive for someone to build a small house.
- inigyou 3mo agoYep. If you're already paying for whatever the city says is the minimum amount of land you can buy, the house on top is trivial.