this post was submitted on 08 Feb 2024
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Post memes here.
A meme is an idea, behavior, or style that spreads by means of imitation from person to person within a culture and often carries symbolic meaning representing a particular phenomenon or theme.
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Laittakaa meemejä tänne.
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They are astronomical because we build too large. That accounts for the vast majority of home ownership cost increases. The average home size is up 230%+ from the 70s, or 300% per person.
This makes up the vast majority of the difference in prices seen since that time.
Other direct causes are that we add two or three car garages (30k+) and increased home construction standards ( which add cost up front but often save money long term).
When looking at a price per area, the price is almost static (after accounting for inflation).