Earlier quoted context omitted.
Not quite sure about the affordability part. Cars are becoming prohibitively expensive. Housing is becoming a luxury. Even consumer products are becoming increasingly expensive. Safety largely improved but not craftsmanship.
> Cars are becoming prohibitively expensive. Adjusted for inflation, car prices are actually lower now than decades ago, especially factoring in huge safety and tech improvements. Entry-level models remain affordable, while buyers voluntarily pay more for SUVs and tech-heavy EVs. > Housing is becoming a luxury. Rising housing prices are mostly driven by land scarcity and zoning. The actual cost per square meter of co…
Or maybe the additional price should be based on the number of rooms instead. Adding empty space by making the rooms bigger is cheap, but extra rooms are usually more valuable to those on a limited budget.
Where I live in California, construction itself has become unaffordable. Even if the land were free, construction and permits are now so expensive that it's impossible to build affordable housing without subsidies.