Submitted by punkthesystem t3_112m3rn in vermont
mrgrey772 t1_j8mrvot wrote
Reply to comment by [deleted] in How Vermont’s Housing Crisis Got So Bad by punkthesystem
I have a client who can’t even build a modest home on spear st. For less than 4 million.
KITTYONFYRE t1_j8n87p9 wrote
I think your client and the rest of the world have different opinions on the word "modest"
[deleted] t1_j8ncd44 wrote
I am not sure, but I think mrgrey's point was maybe that what once only cost a few hundred thousand to build now costs in the millions... Certainly still not talking about a middle-income single family home perhaps, but the cost to build a comparable home to what already exists on Spear Street is far-and-away above what it used to cost even as recently as a decade ago.
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