This is all well and good, but high construction costs **are not just about transit,** though that issue has sucked virtually all of the air out of the room. US housing, highway, arena, sewer, etc. costs are all higher than European and Asian counterparts. https://twitter.com/brianmrosenthal/status/979126679602941958 …
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We absolutely should be doing as much as possible and reasonable to lower transit costs—because we should build more of it. But my fear is that the excessive focus on *transit* costs is making it seem like transit is the problem.
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It really doesn't take much to prove this. Take arenas. Milwaukee Bucks' new arena cost $534 m https://en.wikipedia.org/wiki/Wisconsin_Entertainment_and_Sports_Center … Paris' new U Arena—almost twice as many spectators—cost around US$430 m https://fr.wikipedia.org/wiki/U_Arena
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Paris' new Tour Home tower cost around US $160,000/unit to build https://www.lemoniteur.fr/article/la-tour-home-veut-reconcilier-paris-avec-la-hauteur-28706570 … SF affordable housing is now more than $400,000/unit to buildhttps://commercialobserver.com/2018/02/sf-housing-construction-costs-balloon-reflecting-wide-concerns/ …
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Replying to @yfreemark
$427K per unit, if you use modular construction techniques and *EXCLUDE THE COST OF LAND*
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Replying to @kimmaicutler @yfreemark
Been wondering about construction costs... could it be due to the 2008 crisis driving a whole generation of folks away from the industry?
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Yeah, see @issiromem's stuff.
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