It always comes down to two things: Land cost, and building cost. You get those two down and you'll see housing costs come down.
Land cost can be brought down by building furthere away from the center or in the countryside -> have smaller villages or towns outside of london.
As for building costs. How about we talk to developers and ask them what the biggest building costs are? Often times, it's regulation, regulation regulations. Get rid of all the ones that are causing high prices: at least this should be done in certain areas to allow those who want low cost housing some options.
200 years ago, Henry david thoreagh built a cabin for 28$. That's about 3000 dollars in today's cost. and back then the average person was able to pay off their house in just 10 years! The average house cost about 800$ which was about 800 days of unskilled labor (1/5th of what it is today if you include prop taxes) If it could be done then, then why can't it be done now? why has our standard of living dropped so much, that it's actually considerably lower than it was 200 years ago?
You say he built a cabin but it was basically a shed. One room, one floor. No insulation against noise or heat loss, no electricity, no running water, no toilet.
Our standard of living had massively increased since Thoreagh's shed, in part because of regulation requiring it. I'd be surprised to learn you can't build a shed for $3000.
Land cost can be brought down by building furthere away from the center or in the countryside -> have smaller villages or towns outside of london.
As for building costs. How about we talk to developers and ask them what the biggest building costs are? Often times, it's regulation, regulation regulations. Get rid of all the ones that are causing high prices: at least this should be done in certain areas to allow those who want low cost housing some options.
200 years ago, Henry david thoreagh built a cabin for 28$. That's about 3000 dollars in today's cost. and back then the average person was able to pay off their house in just 10 years! The average house cost about 800$ which was about 800 days of unskilled labor (1/5th of what it is today if you include prop taxes) If it could be done then, then why can't it be done now? why has our standard of living dropped so much, that it's actually considerably lower than it was 200 years ago?