Re:How much do construction costs matter to the price of hou...
by ClumsyPilot on Wednesday February 16, 2022 @09:44PM
(#30368953)
"In 1925, only half of homes in the US had electric lighting."
Surely if our goal was to compare prices of TVs over the past 20 years, and if we found that prices of TVs haven't changed, you cannot then claim 'well, old TVs were 720p and modern TVs are 4K, so actually the price of TVs dropped 4 times!'
Today we have all kinds of things that increase productivity: electric power tools, prebuilt parts, laser levels and measuring tools, CAD software, flooring that interlocks, expanding foam that's easilly applied from a spray can, drywall and dozens of things I never even heard of.
Surely if our goal was to compare prices of TVs over the past 20 years, and if we found that prices of TVs haven't changed, you cannot then claim 'well, old TVs were 720p and modern TVs are 4K, so actually the price of TVs dropped 4 times!'
Today we have all kinds of things that increase productivity: electric power tools, prebuilt parts, laser levels and measuring tools, CAD software, flooring that interlocks, expanding foam that's easilly applied from a spray can, drywall and dozens of things I never even heard of.