Comment by datavirtue
1 day ago
Part of this is that homes are too fancy and large. All of that translates into elevated costs and risks.
1 day ago
Part of this is that homes are too fancy and large. All of that translates into elevated costs and risks.
If people like them, they are not too big or too fancy.
It is if they cannot afford them. Most people would love far more than they can afford, but reality wins.
The problem with "people should aim lower" type arguments is eventually everyone is living in a tent.
2 replies →
Also, they are not building small homes anyway.
Developers here in the Midwaste aren't going to put a cheap house on a lot if they can instead put a 3500 sq. ft. home and get triple the profit.
And if the developers can't sell that house because it's uninsurable, then they will stop.