It's great for multiplying the amount of physical things everyone gets to consume as long as the quality of those things isn't taken into account. It's a disaster in the event we actually need to build any physical things for ourselves.
We've been able to pretend this isn't true for the last 40 years as we wore our existing infrastructure down into the ground. It is becoming more apparent now as we fail to rebuild to the state we were in 70 years ago.
Americans can't afford to buy things made by Americans.
Again we papered over this issue with decades of supressed interest rates but the ruse can't last forever.
The political system froze up to protect entrenched interests (NIMBY land owners).
It's making conscious efforts to make new construction onerous to get through permitting process. That restricts supply and enriches existing land owners.
Also, If that were the case I would suspect that adding a bathroom to your house in SF would cost upwards of a million dollars as well but I doubt that's true. Correct me if I'm wrong.
A similar effect can be seen in ancient Rome, towards the end of the empire the millers started to produce less and less product from the same amount of grain. The mint that produced the coins would mysteriously lose large amounts of them, or they wouldn't contain the correct percentages of metals and nobody in power did anything about it. Well that's not entirely right, one person did and they killed him.
This assumes that the cost is due to fees imposed by the government.
From the article:
>> [The costs] include planning, drawing, permits, reviews and public outreach.
>> we expect to be able to complete [the toilet] in 2025
> a rejected San Francisco apartment complex...required a more than 1,110-page environmental assessment [1]
It is not socially acceptable to charge a million dollar permit for constructing a toilet. It is socially acceptable to make the process so onerous that it costs more than a million dollars to complete. Think of the environment.
[1] https://www.bloomberg.com/news/features/2022-04-20/the-landm...
My theory is that they prey on people that don’t know any better. Less and less people know how to DIY so they have no frame of reference for the real value of labor and get scammed.