EP. 1605 300K To Build Now $700K!

Build costs are skyrocketing. Tight labour market. Materials up. Developers squeezed from every angle. But here’s the silver lining 👇 If you can’t replicate a property at today’s construction prices, that sets a floor under property values. We’re not talking land. Not profit. Just build costs — around $700k+ before land. To replace a 1–3 bedroom apartment today? You’re looking at $1.2m–$1.3m. If you already own property… you’re holding a serious asset. Property isn’t just something you want. It’s something you need. #PropertyMarket #RealEstate #WealthBuilding #Investing