Economies of scale were realized in the tv, but not the house. Maybe bc they aren’t realizable in housing, maybe bc regulation, maybe bc of the nimby veto, etc.
Well you can scale it, which is why housing affordability is higher in many places where the cities are actually far denser than Australia. There are perverse incentives not to though, property prices don’t rise (which is what investors want) if you actually focus on increasing supply.
