Has anyone noticed Construction costs are relentlessly becoming more and more expensive. What is a solution to curve the expense. Let’s start a conversation! What have you noticed

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Posting as :
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I’m sorry but I don’t recall giving you permission to post a picture of my mansion here

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Stop sending money to Ukraine and use the funds to supplement industries that provide construction materials

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TC1, I don’t think it requires an argument to say how much Mexican immigrants contribute towards US economy, in every state. Mexico is one of US’ biggest trade partners too. Imagine if 300 years a ago France didn’t help out militarily the former British colony in its strive for independence. Would we be even talking today? History is made by those who make it. If the west lets Russia make history then it will be of Russian making.

Tariffs, covid, lumber, steel, fuel. In some way, all aspects of construction have been impacted for years now.

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Solved

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Build a smaller house

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Tiny homes are a movement!

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Yeah our builder requires us to sign an escalation clause in case materials went much higher. Thankfully he didn’t have to use it (we just got occupancy last week) but I was nervous at the outset.

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While we are playing show and tell. Check out what my 3D group built. Largest 3D concrete Printed Structure in the western hemisphere. 10,000 square ft concrete structure. $45 a square foot built by a large 3D concrete Printing Robot 🤖. It’s called automation of construction using 3DCP building methods. The trust roof goes on next!

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Based on the picture, you’re trying to recreate Versailles. Of course it’s gona cost a pretty penny.

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Luxury homes normally are higher price per sq ft. And sell for a premium. I definitely agree

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1) Labor Costs —-> This one is easy. Increase immigration.

2) Material Costs —-> This is tougher. Innovation, industry consolidation (to increase purchasing lower / ability to invest in innovation / etc.), and so on.

It seems like disrupters aren’t itching to get into this space directly because it’s such a capital intensive, cyclical industry. All I ever see is tech enablers enter. We need a disrupter to take it head on.

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I am up for the challenge! 🙋‍♂️I have a healthy appetite for disruptive innovation

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Inflation and supply chain

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Yes!

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I am building a duplex (each unit 3/2 with 1420 sf) as it is much cheaper to build thanks buy rental properties right now. I rent in adjacent cities to Charlotte NC

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Cheaper to build than buy. That’s the most insane thing I’ve ever heard, but then again I don’t live in NC. Maybe I need to move there

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Great discussion, keep it up guys. Let’s share notes

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Why Not 🤔?

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Cost of everything is becoming higher. That’s called “inflation”. The solution to that is decreasing demand (ie: recession).

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Past that point. Collapsing dollar

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I believe the issue is 1) affordability and 2) people don't want smaller homes than theirs in their backyard.

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Well that is a great Point as the cost of living increases and or equity continues to rise people will have to except smaller spaces or construction will have to be innovated to accommodate higher efficiency. This is just my opinion

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