Comment on Housing prices
KingGimpicus@sh.itjust.works 1 week ago
If you actually look at the cost of labor and materials to build a house today, its not far off. The difference you see is the cost of allowing enormous corporate development companies to exist and do business in this country. The false scarcity on top is a product of the greed that keeps people out of housing to begin with.
Tja@programming.dev 1 week ago
Tell me you haven’t looked at the price of construction material without telling me you haven’t looked a t price of construction material.
KingGimpicus@sh.itjust.works 1 week ago
I have recently had an estimate made for materials to construct a 1200 square ft home and it was a little over 135k. Add in labor and its looking like $175-200k. Compare that to the $800k starter homes in the area and you see a huge disconnect.
Tja@programming.dev 1 week ago
Tell us more once it’s completed. And don’t forget to add the land.
KingGimpicus@sh.itjust.works 1 week ago
Keep moving your goal posts, straw man. The rest of us are actually making progress.
Vandals_handle@lemmy.world 1 week ago
@kinggimpicus did the math, he did the mortgage math
thecostbreakdown.com/average-cost-per-square-foot…
Average construction cost $183 sqft, 1,2000 sqft Cost $219,600
P1k1e@lemmy.world 1 week ago
Depends on where you live and what your building.
In some areas you need a full foundation on others it may not be necessary
Don’t need a garage? Then you save money just having an exposed asphalt driveway
Cellar? Fireplace? Attic? Even a 1000 square foot home has a lot of variation in design and material requirements
If anything I’d say it’s the labor that drives the price into the stratosphere. But even that varies county to county, even more so state to state.
Tja@programming.dev 1 week ago
Labor varies a lot, construction materials are expensive as hell everywhere.
birdwing@lemmy.blahaj.zone 1 week ago
1000 ft₂ ≈ 93 m₂ for those concerned.