Developers don't build cheaper housing because we make it illegal (2014)
This is one of the reasons why I have zero interest in wasting my hard earned money propping up the insane housing bubble in western cities.<p>Building a simple house is a 5000 year old technology.<p>I know that since we brought a small piece of land outside the city - brought the raw material and paid some local laborer to help us put our family home together.<p>It cost us a grand total of 10,000 dollars. The only difference was - we did it in india where there are no nonsense housing regulation.<p>Getting internet was supposed to be hard, but we were allowed to just use the telephone pole to get copper internet ( instead of fibre ).<p>From a business perspective - no wonder it temping to offshore - when putting a roof over your head eats so much into your income.