standfast77

Are U.S. Home Prices Reasonable?

Being a Homebuilder for over 30 years, your lack of understanding is showing through here. Regarding the price per square foot.
Consider what areas of a house are the most expensive cost per sq/ft?
Kitchen and bathrooms right? A smaller house <1000sq/ft will always cost more per sq/ft with like materials. So a 2500 sq/ft house will look like a bargain because it has more of the less costly areas per sq/ft (bedrooms, foyers, hallways,family rooms, ect.)
Find out how much a 983 sq/ft house costs today and compare it and you shall see that your thesis falls apart.
Your logic is like saying " I can go to Hawaii with the $5000 I saved buying this new car".

"A man who doesn't watch the news is uniformed, A man who watches it is misinformed"