Comment on How cheaper housing can boost productivityparentComments−presty11yWhat makes houses in developed countries so expensive?Demand and lack of (enough) supply. Buying a piece of land that you can build on in a city like SF costs a lot more than $5-10k for 100 m^2.According to http://www.trulia.com/real_estate/San_Francisco-California/m...Average price per square _foot_ for San Francisco CA was $962
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Demand and lack of (enough) supply. Buying a piece of land that you can build on in a city like SF costs a lot more than $5-10k for 100 m^2.
According to http://www.trulia.com/real_estate/San_Francisco-California/m...
Average price per square _foot_ for San Francisco CA was $962