Why You Can’t Find Starter Homes in the US
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Median home sizes in the US have gotten bigger since the 1950s despite shrinking household sizes, and one of the reasons why is hidden in the financial spreadsheets of home-building companies. Thanks to economies of scale, relatively fixed construction costs make bigger homes cheaper per square foot to build, incentivizing more luxury single-family homes. But as buyer preferences start to shift towards smaller homes, opportunities are opening up for innovative housing startups to enter the market. Get the 5-minute newsletter keeping 2M+ innovators in the loop: https://clickhubspot.com/vftf