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by steveBK123 1165 days ago
Yes, the land & zoning compliance costs in HCOL areas crowd out any of the actual building materials (and some of) the labor component.

My parents live on a 1 acre lot in a non-HCOL area, which costs 1/2 of what a parking spot in Manhattan sells for. Their 1 acre lot comes with a 2000 sq ft home.