4.6 • 29.8K Ratings
🗓️ 21 April 2023
⏱️ 27 minutes
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0:00.0 | This is Planet Money from NPR. |
0:05.6 | Let's talk about houses in America. |
0:08.9 | I'm gonna go out on a limb and I'm gonna say houses |
0:12.8 | in America are too expensive. |
0:14.6 | Bold words from Jacob Goldstein coming in hot. |
0:18.2 | And there are a lot of reasons for this, right? |
0:20.8 | There's the zoning, there's land prices, |
0:24.2 | but one reason we do not hear much about |
0:26.8 | one of the things driving the cost of housing, |
0:29.5 | the process of building houses is just really slow |
0:33.5 | and inefficient and expensive. |
0:35.6 | There's this thing I heard a while back years ago |
0:38.7 | that really made me realize just how inefficient |
0:42.1 | it is to build a house. |
0:43.6 | And it goes like this. |
0:45.2 | Imagine we built cars the same way we build houses. |
0:49.1 | You'd have a meeting with the car designer |
0:51.0 | where you tell them what kind of car you want, |
0:53.0 | they'd drop plans for your special car, |
0:55.4 | then you'd go to the city council, you'd get a permit, |
0:58.2 | then you'd go around town, |
0:59.2 | you'd call different car builders, |
... |
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