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42 sats \ 0 replies \ @davidw 7 Apr \ on: What Makes Housing So Expensive? Construction_and_Engineering
A great read. The biggest takeaway for me was land values (or proportion of cost being from land) remaining so constant for so long.
https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc16ad424-e7ef-4d90-b2d2-07366c322b1e_653x438.png