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2025-05-15 11:11:23
in reply to

vizo on Nostr: Housing is not and necessarily overpriced. There are small regions which it has been ...

Housing is not and necessarily overpriced. There are small regions which it has been monetized but otherwise the structures themselves are roughly what they should cost. Based on the cost of materials and labor.

If you build every aspect of a modern house personally, no subs all custom. You will make roughly 1.25x to 1.55x the cost of materials. In cold climates.

So your chart is a story of wage deflation not house inflation.
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