Re:US Construction worker productivity has dropped 40% in th...
by mike50 on Monday January 23, 2023 @08:29PM
(#34497841)
That's not the root cause. The Root cause is needing a house for your car.
[ Parent
| on HN ]
Re:US Construction worker productivity has dropped 40% in th...
by RC_ITR on Tuesday January 24, 2023 @02:14AM
(#34500459)
I disagree.
The root cause is that homes are in part appraised (for mortgage purposes) on hypothetical rebuild costs, so this is a way to make those rebuild costs higher (and justify why you’re paying $500k for something that cost $40k in 1980).
If it weren’t car garages, it would be kitchens.
Cars are a separate problem, as evidenced by the extreme housing prices in some of America’s least car reliant cities (NYC, SF, Boston, DC, etc.).