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by Eridrus 3160 days ago
Not sure if this in your wheelhouse, but I would love to see a good report on the cost breakdown for new housing. From my own research looking at NYC it looked like new construction was surprisingly expensive and stuff like https://www.citylab.com/equity/2017/10/why-is-affordable-hou... isn't exactly encouraging.

My basic gut feeling is that if we can't make housing cheaply we are never going to have enough in a city going through a boom.

1 comments

Land + wait time for permits + risk (need to compensate for declined projects) + permitting fees + inclusionary requirements + materials + labor

Governments action can put downward pressure on all elements except materials. Land (increase supply of zoned capacity) and permitting are the low hanging fruit. Labor reforms will take much longer.