Have 3-4 story house going up in my neighborhood on a narrow lot. Builder told me it was ~500K in material and labour for the building.
I was floored.
If building a new building on free land costs 500K then no property collapse is likely to make housing affordable.
We need to ask why it is so expensive to build a building in the first place.
True, how do other cities manage to sell houses so much cheaper?
Home
Contact
Login
Register