Netyaroze said:
Yes ofcourse I totally agree with you on that.
I was refering to just the house prices. And new build ones. Nobody will build a cheap house on an expensive property. Or do people in the US buy a property for 800k and build a house for 150k on it ? And since space is so expensive all the money goes into the materials instead of size there is no other option to build a small house that reflects the worth of a small high priced property. |
Your conclusion is built on the fallacy that people always build cheap houses where the land is cheap. That's a false assumption. A lot of houses in the country-side are amazing and well-constructed. That's often because houses here are built on order rather than being constructed by a development company. Buying a house that was built to sell is a risk, especially compared to a house where you can check on the construction as it's happening.
As far as expensive materials go, there is a point where you're no longer really paying for quality, but instead paying for luxury.