Re:US Construction worker productivity has dropped 40% in th...
by ethanbond on Monday January 23, 2023 @01:47PM
(#34493138)
In all high cost of living areas, the cost of land is the much more relevant factor. Even when people say, "oh no it's the cost of goods or the labor," they're talking about land.
Go compare the costs of identical pieces of plywood from the Home Depot on West 23rd Street in Manhattan and the Home Depot in Jersey City, directly across the river.
Manhattan: $76; Jersey City: $37
Is that the cost of shipping a piece of plywood an additional 3-10 miles? Is it taxes?
Go compare the costs of identical pieces of plywood from the Home Depot on West 23rd Street in Manhattan and the Home Depot in Jersey City, directly across the river.
Manhattan: $76; Jersey City: $37
Is that the cost of shipping a piece of plywood an additional 3-10 miles? Is it taxes?
It's the rent.