US Construction worker productivity has dropped 40% in the last 50 years

Re:US Construction worker productivity has dropped 40% in th... by asdff on Monday January 23, 2023 @05:54PM (#34496275)

This even extends to stuff added to builds that are mandated by law and have little reasonable justification. For example, a city might demand all new apartment units need to have a balcony, and all new apartment buildings might need to have some open courtyard space. Now you've increased the cost per unit by a huge amount by mandating these balconies and also the unrentable voidspace.

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Re:US Construction worker productivity has dropped 40% in th... by RC_ITR on Tuesday January 24, 2023 @02:17AM (#34500474)

And this is part due to the fact that real estate has to (at least in part) be valued on hypothetical replacement cost.

Can’t have apartment buildings reading hands for $100mn when a new one costs $20mn (or have the land sell for $80mn when you only allow 2 stories to be built on it).

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