RE: Another Company Looking To Disrupt Housing
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Having been involved in construction for most of my life I know that you are correct because another factor that hasn't changed much is wages and what a contractor can charge for their services. Take painting an apartment for instance, the price is about the same as it was thirty years ago. This industry is dying because it is harder to earn than it used to be. Fortunately for me I am about to retire from that field and I will be doing online marketing for a living. I feel bad for craftsmen because they are not valued enough in our society. Wherewould we be without good craftsmen?
Thanks for the great article
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That is true but without innovation, that is the point: there is a limit to what can be charged for certain services. If not, the price of a new home would be double what it is today.
Thus we enter into the affordability issue. When we see a spike in supply costs, that really makes things worse. The only area to save is labor.
It is just the way things are. And now they are looking at ways of cutting labor.
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Thanks @taskmaster4450le
That is a good point but there is only so much innovation that can be done by a craftsmen. If people no longer want good craftsmen then quality will suffer. They have a long way to go before they will ever create as beautiful buildings that real Craftsmen can create. If people want cheap computer built houses then look forward to drab looking buildings with no artistic quality. I guess maybe there will be no need for real craftsmen in the future. maybe that will be what people give up to save money. Very Sad