[GravityLab]

How has the size of the average home changed? In terms of square feet. I’m curious how that affects the price increase rate. We definitely need to build more housing, that’s for sure. I’m very hopeful that the huge investments into renewables and modernizing the grid will produce a huge growth in worker compensation and another economic boom.

[cvccvroomvroom]

Nil. Smaller over time in new construction. The value is in the land, not the structure.

[crooked-v]

Home size is a factor, but lot size is a more important one. Many cities explicitly or implicitly require minimum lot sizes and setbacks that make it pointless for builders to make small starter houses.

[jjeaff]

I wouldn't even say lot size is a factor as much as simply zoning rules and regulations. there aren't a lot of high cost of living areas, with the exception of maybe places like Manhattan, that actually don't have space for more housing. and even there, they have plenty of under-utilized space zoned for other things.

[WarOnPrivacy]

>How has the size of the average home changed?

Over 100 years, the bedroom-to-sq-foot ratio shrunk. That sucks hard in an economy where it takes 4 typical incomes to pay minimal bills.

[mcphage]

Or for that matter, what percentage of housing is new builds? My house is almost 90, and it doesn’t seem notably old, that’s just how old a lot of the housing in my suburb is.