It cost nearly the same to make a luxury unit as a stripped down one. Most of the cost is labor. Spend 5 k in fancier materials and get 50k for the unit.
I follow some home inspectors who post videos from their new home inspections, and holy crap the things they find are ridiculous. Like, construction companies should lose their licenses bad.
I visit some partially built homes from time to time, and recently saw one just after it had been inspected. On one wall, on the insulation, the inspector had scrawled STUD? In red felt.
The stud was completely missing from the wall. It was just an empty frame filled with insulation. You’d think someone would have noticed earlier during construction, but obviously the actual contractor had just let the day labor go to town and never bothered to review their work before inspection.
lol, that is 100% every australian apartment built in the last 15 years. the window frames are plastic and the cladding is combustible… but it’s got Italian tiles and “European appliances” so it’s an “executive suite”. that will be $1.5million fuck you very much.
Similar to literally every market that involves ‘things’, as we transition from failing liberal capitalism to horrifying technofascist neofeudalism (aka cyberpunk dystopia).
The next step is… well they won’t lower the luxury prices, everything becomes renting, loaning, etc, even further and harder… untill you end up with bundled subscription plans / leases on a diverse array of physical things, as we currently have with bundles of online services.
We literally going to transition to a subscription based model for just being alive.
… unless enough people actually do something effrctive about it.
Other wise, the K shaped economy becomes a === shaped economy. You’re either on top, or you’re not, and you’re basically treated as a kind of cattle; raised, milked, then expended whenever it is most profitable to do so.
People wanted those mcmansions and rebuilds jack up prices. Now those massive suburban mcmansions are getting old in the tooth and no one wants to buy them. They are realizing they need to build smaller homes finally. We’ll probably see more townhomes with shared structures (walls/roofs).
Similarly with housing. Why make cheap starter homes when you can make so much more with “Luxury” homes and condos.
It cost nearly the same to make a luxury unit as a stripped down one. Most of the cost is labor. Spend 5 k in fancier materials and get 50k for the unit.
And yet use the same cheap materials in the “luxury” ones that you would have used in the cheap ones anyway!
I follow some home inspectors who post videos from their new home inspections, and holy crap the things they find are ridiculous. Like, construction companies should lose their licenses bad.
I visit some partially built homes from time to time, and recently saw one just after it had been inspected. On one wall, on the insulation, the inspector had scrawled STUD? In red felt.
The stud was completely missing from the wall. It was just an empty frame filled with insulation. You’d think someone would have noticed earlier during construction, but obviously the actual contractor had just let the day labor go to town and never bothered to review their work before inspection.
A lot of times, it’s the contractor cutting corners and hoping no one notices.
lol, that is 100% every australian apartment built in the last 15 years. the window frames are plastic and the cladding is combustible… but it’s got Italian tiles and “European appliances” so it’s an “executive suite”. that will be $1.5million fuck you very much.
Similar to literally every market that involves ‘things’, as we transition from failing liberal capitalism to horrifying technofascist neofeudalism (aka cyberpunk dystopia).
The next step is… well they won’t lower the luxury prices, everything becomes renting, loaning, etc, even further and harder… untill you end up with bundled subscription plans / leases on a diverse array of physical things, as we currently have with bundles of online services.
We literally going to transition to a subscription based model for just being alive.
… unless enough people actually do something effrctive about it.
Other wise, the K shaped economy becomes a === shaped economy. You’re either on top, or you’re not, and you’re basically treated as a kind of cattle; raised, milked, then expended whenever it is most profitable to do so.
There’s a difference between “cheap” and “inexpensive.” Mcmansions are cheap.
People wanted those mcmansions and rebuilds jack up prices. Now those massive suburban mcmansions are getting old in the tooth and no one wants to buy them. They are realizing they need to build smaller homes finally. We’ll probably see more townhomes with shared structures (walls/roofs).
Before they were building mcmansions and charging a fortune for them. Now they’re building sardine cans and charging a fortune for them. Much better.