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by missedthecue 1595 days ago
The huge increase in infrastructure costs are seriously under-appreciated.

This is an article from 2002 about new schools being built in Baltimore. One for $14M and one for $13M. The article laments how much school construction costs are rising.

https://www.baltimoresun.com/news/bs-xpm-2002-05-12-02051202...

This is an article from last April about two new schools being built in Baltimore. One for $53M and the other for over $100M.

https://www.wbaltv.com/article/new-school-construction-north...

Sure, there has been some inflation since 2002, but not that much! Google tells me $13M in 2002 is only $20M in 2022. It's just insane.