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by atourgates
875 days ago
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I can't find it at the moment, but in the last year or so there was a really informative "why aren't developers building more affordable housing" article on (I believe) NPR. There were lots of factors, but basically it comes down to the fact that it's significantly more profitable for builders to build bigger, more expensive houses than smaller, more affordable houses. AKA, a builder will make much more profit on a single $750K house, than building 3x $250k houses. So I'm sure the reason houses are getting bigger is some combination of consumers wanting bigger houses, and bigger houses being what's available. |
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