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by steveBK123
1163 days ago
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How would you drive down cost in housing? Automate building prefabricated homes of a simple common designs. Use smaller lots of land. Build smaller units. Build higher to put more units on the same land. Build multi-family/apartment style to reduce single family home costs (siding/roofing/boiler/yard/etc). Basically all the things government tends to ban and populace tends to frown upon. Most stats have shown we haven't really made much labor efficiencies on housing construction. No one wants to live in a prefabricated / factory built home, which is what would drive down the labor costs dramatically. That said I'm kind of a weirdo and like to browse the container home websites frequently, lol. Further, modern homes are bigger (and nicer) than our parents or their parents generation lived in. Couple that with the land component being basically inflationary due to natural scarcity PLUS government zoning rules restricting lot sizes to be artificially high, banning multi-family construction, etc. You have a lot (basically all) tipping the needle towards higher cost. |
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Here in the San Francisco Bay Area the twin forces of NIMBYism and Big Government have made it difficult and uneconomical to build anything. The NIMBYs have enacted extremely restrictive zoning laws almost everywhere that prevents you from entitling projects on the front end, and well-intentioned over-regulation has driven up the cost actually building anything on the back end.
After you spend years in public hearings placating bored and angry old people, you then need to hire more professional services, pay higher impact fees, pay higher permitting fees, etc than practically anywhere else in the country. It'll cost me more to knock down my house here than it would cost to build the same plans somewhere else.