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Comment by spicyusername

1 day ago

Building out of wood is cheap and perfectly strong for most areas.

Engineering is always a set of trade-offs.

Given the choice between earthquake-proof and fire-proof I'd go with earthquake-proof every single time since you can't run from an earthquake.

I don't get how can one put his own future in a cheaply built building you're one fire or thougher-than-usual natural event away from losing.

It's normal nobody wants to insure such risky assets, especially as nominal value of this wooden crap is stellar due to the skewed demand/offer ratio plaguing good parts of US.

In my life I've seen my and my family's real estate being hit by a tree, fire, floodings and I've never had to face anything close to a total loss.

Huge expenses? Sure. But never anything close to a loss.

The only thing that could put my real estate on a serious risk are earthquakes, I guess that's a scenario where lighter built houses would have instead an advantage.

  • This is less like "well, I could get the $10 pants and have to replace them in a few months, or the $70 pants and have them last a decade" sort of cheap, and more the "well, I've been saving a mortgage down-payment for 15 years in the top 30% of individual wage earners, and this is the best built house I can afford" kind.

    The options are either pay more for this one thing than literally any other possession you or anyone you know will ever own, or live in a tent or worse.

    I feel like criticizing people for pragmatism in the face of (literally) existential threats is some kind of next-level privilege.

  • Define "cheaply built". These houses are already hugely expensive, to the point that we cant even afford to build more.