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mmegaera

dearth of small homes

mmegaera
17 years ago

I envy you all your small houses. I finally wound up with a condo because around here, it's the land value that drives up the price of the house, not the house itself, so it's much more profitable for developers to build big houses on tiny lots, rather than the other way around.

What do people do when they'd rather have new construction (not build it yourself -- the point of new construction is to not have to deal with the difficulties of building and/or remodeling [g]) and a small house in areas where land is so expensive?

(as in, lots are as small as .10 acre, and going for $75,000 or more...)

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