this post was submitted on 13 Aug 2024
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A lot of this cost is in materials, quality control and safety testing, plus requirements by trade agreements for where components are allowed to be manufactured and assembled
Most of this cost is land. A tiny home can be self built for a few thousand, and starts at ~20k professionally built, and a small, say 800 sq foot house that someone might actually want to live in can generally be built for under 100k.
Most houses aren't worth that much but the land under them is. So more townhouses, duplexes and smaller lots, smaller lawns and a lot more apartments and condos will help