Antiplanner has an interesting new post about the cost of new housing that focuses on lovely Buckeye, Arizona. His thesis, of course, is that with lower regulation comes lower-cost new housing.
DR Horton, the builder whose project is discussed in Antiplanner’s post, does seem to have a formula for building fairly large houses on modest-sized (but not tiny) lots at very competitive prices. They just built a subdivision not far from my house, on an infill parcel, that fits that profile. Admittedly, it’s not in the most fashionable location, but the pricing looked to me to be pretty competitive with new houses in much less desirable, outlying, locations (like Buckeye).
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