They quote a cost of $1,000 per square meter (S100 sq foot). So I arrived at my calculation assuming a size of 100 sq m/1,000 sq feet for an average ‘starter home’ 2-bedroom dwelling.
The fact that housing crises are occurring in so many Western countries suggests to me that there is something very fundamental that is broken and wrong with our system of supplying housing - one of life’s most basic human necessities.
If the system is the problem, then the system can’t provide the solution, perhaps only radical new ways of doing things can?
Germans have a system of purchasing property called “Wohnungsgenossenschaften”. It is where individuals come together in a not-for-profit cooperative, to build and finance their own apartment buildings and housing complexes. This technology seems a perfect fit for that, maybe we would all be better off in other western countries if we adopted this system more?
A problem is zoning laws. When they don’t let people build in places people want to live, what can you do?
In most countries, people elect the local officials who make zoning decisions. It’s not a fundamental barrier.
