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Re:Income inequality today may be higher today than in any o... by xyzzy4 on Saturday July 02, 2016 @09:03AM (#12022323)
From a quick search: "The 2012 Survey of Construction (SOC) from the Census Bureau shows that on average it takes about 7 months from obtaining a building permit to completing a new single-family home."
Re:Income inequality today may be higher today than in any o... by mrob on Saturday July 02, 2016 @09:27AM (#12022410)
In many places there are rules designed to make housing more expensive, such as requiring houses to be bigger than they need to be. Poor people living near you reduce the value of your house, so there's a strong incentive to make new housing less affordable.
Re:Income inequality today may be higher today than in any o... by blablablame on Saturday July 02, 2016 @09:11AM (#12022347)
Yes, but it takes something like 30 people working on it (honestly no idea how many are required)? so 7 months * 30 and we are getting close to 18 man years.
Re:Income inequality today may be higher today than in any o... by maxerickson on Saturday July 02, 2016 @09:14AM (#12022358)
For a modest house you wouldn't have much more than 5 people on site at any given time.
Re:Income inequality today may be higher today than in any o... by StavrosK on Saturday July 02, 2016 @09:48AM (#12022497)
You aren't counting the work that went into creating bricks, tiles and two-by-fours. You have to start from trees, clay and marble.
Re:Income inequality today may be higher today than in any o... by bobwaycott on Saturday July 02, 2016 @09:36AM (#12022449)
That doesn't negate the parent's point, of course.