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Is It Better to Rent or Buy a Home?

Money For the Rest of Us

CHAPTER

The Cost of Building Starter Homes

Only about 8% of new single-family homes are less than 1,400 square feet. That compares to 70% or more in 1940s. The problem is the cost of the lots as well as fees that builders have to pay. Home builders are having to build bigger homes in order to make a profit on the house.

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