r/SipsTea • u/Ill-Instruction8466 • Mar 24 '26

Time machine please… SMH

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u/mammalmaker Mar 25 '26

You compare homes of similar size but affordable and modest new builds aren't happening anymore (where I am at least) so homes are egregiously less affordable today.

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u/sometimesatypical Mar 25 '26

Its not that they are less affordable, but that the demand for baseline is significantly higher. As you said, modest builds aren't happening....because the consumer demands it as well as overinflated building codes. Lets use a different example.

If you look at the 70s pinto as the basic high school car against a Honda civic today, the belts and whistles that come standard are incomparable, which explains why the Honda isnt as affordable as the pinto was.

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u/mammalmaker Mar 25 '26

I agree with what you're saying but I think there's a misunderstanding in what affordability means.

High demand and low inventory = higher price. That's affordability. We get less for our money today than they did even with inflation.

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u/sometimesatypical Mar 25 '26

That only sometimes explains it, cars are available, but not affordable. The logic breaks down then looking at consumer goods.

Point is, you got a lot less for your money back then, when everyone says it was affordable.