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160 sats \ 1 reply \ @BlokchainB 6 Jul \ parent \ on: Explain this chart: Why Are Homes in Western States So Expensive? charts_and_numbers
You forgot the mention how much bigger homes have gotten and all the modern amenities that come with a home.
Wouldn't this also affect the East? Sure maybe homes there are older in general, but I suspect new home starts in the South or East are greater than the West (new homes are presumably larger, have more modern amenities).
Here are new single family home starts in 2023 by region:
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