News for hackers. Stuff that matters.

A comment on Why Is 'Affordable' Housing So Expensive to Build?. Parent comment

Re:Why Is 'Affordable' Housing So Expensive to Build? by ewjordan on Saturday January 06, 2018 @09:03PM (#16088654)
Not following you.

Sounds to me like if land, not construction, is the dominant factor in cost, luxury and affordable units should cost about the same amount. Unless the affordable units were higher density.

[ Parent | on HN ]
Re:Why Is 'Affordable' Housing So Expensive to Build? by jdavis703 on Sunday January 07, 2018 @10:31AM (#16091144)
Sorry poor choice of words on my part. I'd expect a luxury unit to sell for more than the affordable unit costs to build. Instead what I see is a luxury unit selling for around just the construction and land costs of an affordable unit.
[ Parent | on HN ]