03-07-2023, 02:57 PM
(03-07-2023, 02:38 PM)westwardloo Wrote:(03-07-2023, 10:46 AM)bravado Wrote: I’m not an expert, I just know that process engineers in manufacturing have been driving remarkable efficiency gains for 70 years now - keeping prices low.
None of that professional introspection and investment applies in home building. Why do we still do it the same way for decades? An auto worker from the 70s wouldn’t recognize an auto plant today.
https://www.economist.com/graphic-detail...ity-puzzle
https://cmicglobal.com/resources/article...y-problem/
https://bfi.uchicago.edu/insight/finding...on-sector/
I get the point your making, but you could buy a brand new toyota corona for $1,950 in 1970.
OK, that is $15k in 2023 dollars. It's a way worse car than you would get today in all possible respects. New cars are more expensive now but you also get what you're paying for.