What proportion of new housing is built for "poor people" to live? I was under the assumption that most new developments are aimed at the mid/high end of the market which makes older buildings more accessible to low income households.
Also induction stoves are quite cheap nowadays (in relation to the overall cost) so it would seem absurd for me to get a resistive one even if you could save $100-200
>> so it would seem absurd for me to get a resistive one even if you could save $100-200
But if it were 30 apartment units, then the cost difference on paper would amount to $3000-$6000 (and it would probably be judged in this way, rather than the cost difference per unit).
Induction cooktops are not expensive anymore. This would have been an argument 10 or 15 years ago but not today.
The price difference between a resistive 4 element resistive and a inductive cooktop is like 20€ maybe 30€ tops. So a cheap one will cost you between 200€ to 250€
(maybe the pricing in US is totally different but that is what you pay for the cheap stuff here in Finland)
I live in America. Builders will definitely cut corners to save $20. Hands down. Even brand new houses that sell for $500k will have "builder quality paint" that needs to be repainted in 5-7 years because it is cheap.
If they cut corners on paint, they will cut corners on your stove.
Don't have experience, but I'd guess a buyer/renter won't see a difference between grades of paint quality, but a resistive vs. induction cooktop will be very noticeable and may raise the value far beyond the price difference.
Also induction stoves are quite cheap nowadays (in relation to the overall cost) so it would seem absurd for me to get a resistive one even if you could save $100-200