Quote:
Originally Posted by LouisVanDerWright
Pretty amazing what having land values that are 3-4X higher on average will do for you!
Seriously, it's not the US, it's cities like London or NYC and then cities with much lower housing costs. You can't afford to build condos that you sell for $500/SF and spend $100/SF on the facade. When you are building something that's worth $2,000 or $3,000 or more per SF, then you can basically do whatever you want.
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This is probably true. It's a shame though. You would think lower labor costs could offset some of this.
Isn't some of it regulatory as well? I thought you couldn't have clear glass in Chicago, and tinted glass shows more imperfections.