That's because, as the economists Richard Koo and Masaya Sasaki show in a report, 15 years after being built the average house is worth nothing. [...] "It's not environmentally sustainable but also not financially sustainable. People work very hard to pay off a mortgage that's ultimately worth zero."
[...] It has also produced a huge number of architects, who are kept busy by buyers wanting a new house that reflects their lifestyle. — theguardian.com
I’d asked Stokes whether the technology challenges of designing a building to last 100+ years are more difficult today than they were in, say, 1900 — or if it’s as difficult, just different. He said the challenges might be more difficult today, but regardless, maybe technology is changing the solution: we shouldn’t try to design buildings today to last 100 years, but design them so they’ll last for, say, 20 years and then be replaced. — radar.oreilly.com
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