Maybe we should just build more houses.
Maybe we should just build more houses.
You just have to test before purchasing. And, of course, this costs more.
Joking aside, I would ask the inspector to test the building materials and widths of floors and ceilings. I assume there’s some standard performance that if you have 4 inches of concrete that’s bad but 12 inches is ok, or something like that.
When I bought my unit, I didn’t use an inspector but did talk to neighbors and my realtor had worked on multiple purchases in the building and had those accounts.
Or heck, more than 2 should basically be taxed at massive rates. Like, 40-50%.
Pass a regulation saying any building permit application that isn't reviewed in 10 days is default approved. Then defund the permit offices.
In tandem, gut the ability for anyone to file suits (I'm looking at you, CEQA) that block development.
At (inflation adjusted) price X in location Y + regulator time/cost Z, the number of housing units that can be legally built has decreased considerably. Part of this is we've exhausted undeveloped/raw land and haven't upzoned in most locations.
The fixed costs and regulatory hurdles for building housing units can certainly be reduced - if the political challenges can be overcome.
Even some relatively sane regulations like insulation and safety standards could be re-evaluated. The issue is we are not doing any cost-benefit analysis of these regulations; even a 10% increase in the average home price should logically have a large impact on overall quality of life; that extra 10% spent on housing (~$50,000) in young adulthood reduces retirement savings >$300,000 assuming 8% returns, 30-40 years of investment, etc.
source: two years in a professional US urban planning office