Discussion about this post

User's avatar
Neill Kramer's avatar

When it comes to housing in the USA I can share some details as a small scale developer (1 single family house at a time). Buying land is not a problem. It's the permits and the labor costs that make housing unaffordable. For example a 1,600 square foot home (149 square meters) cost $31,000 in permit fees alone! The county had an entire campus dedicated to the administration of permits. One fee alone was $6,000 for affordable housing. I asked where the affordable housing was in the county and they said they haven't built it yet. I said how long have you been collecting the tax. They said 20 years!

Expand full comment
Jonathan Thomas's avatar

V interesting. Largely agree. My migration post from a few months back on similar theme:

'Much I read tells me the U.S. is a busted flush, its era of global dominance is coming to an end, it is on the brink of internal collapse. That's not how ordinary people see it - for now.

2023 saw 43,000 Russians, 42,000 Indians and 24,000 Chinese illegally cross into the U.S. across its southern border, and total of 40,000 Indians and Chinese do the same across its northern border, coming from Canada.

When we see Americans trying to circumvent the border controls of India, China and Russia, in search of more opportunities and a better life, that is when we will really know things have changed.'

https://www.linkedin.com/posts/jonathan-thomas-a29374a9_americas-southern-border-has-become-a-global-activity-7154782129137074176-bFPq/

Expand full comment
33 more comments...

No posts