The average lot cost in Waukesha County Wisconsin is over $207,000.
The average lot cost in Wichita Kansas is $50,000!
Why the huge disparity?
It's not the raw land cost.
It's how the development process is handled.
I learned this information talking with local builder and developer and current chairman of the National Association of Home Builders, Carl Harris.
In this episode, he shares the unique public and private partnerships that are created that actually promote home building developments and radically drive down costs.
Carl and David compare and contrast how development is done in their markets and why there is such a disparity in lot prices.
Everyone in development, every public official, everyone concerned about housing should listen to this episode and share it with their elected officials.
If some of these measures were implemented the cost of housing would go down dramatically and we could achieve a better level of housing affordability.
Thanks for listening! Have a comment, potential guest, idea for topic, or want to sponsor our show?
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Thanks to our studio sponsor LP Building Solutions!
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