Re:Austin's Surge of New Housing Construction Drove Down Rents
by estearum on Wednesday March 18, 2026 @11:00PM
(#47434367)
> Yes really, that deeper understanding is exactly what is meant when somebody says "the cost to build is lower than the price.
It demonstrably is not what people understand it to mean to "the cost to build is lower than the price." The cost to build can be well below the sale price and development still be a totally uninvestable activity.
It demonstrably is not what people understand it to mean to "the cost to build is lower than the price." The cost to build can be well below the sale price and development still be a totally uninvestable activity.