Through my research on elevators, I got a glimpse into why so little new housing is built in America and why what is built is often of such low quality and at high cost. The problem with elevators is a microcosm of the challenges of the broader construction industry — from labor to building codes to a sheer lack of political will. [...]

It’s become hard to shake the feeling that America has simply lost the capacity to build things in the real world, outside of an app. — The New York Times

With real estate prices soaring so high and so quickly, a lot of us are questioning if we even want to live in New York anymore—not to mention if we can. According to NeighborhoodX‘s latest map the price paid for a Bed-Stuy or Harlem apartment could get you a pretty sweet pad in the South of France or even trendy Paris. — 6sqft.com

This map shows the difference in living costs around the world using figures from the world's largest database of user contributed data about cities and countries worldwide. The Consumer Price Index, used to determine the difference in the living costs between countries takes into account the prices of groceries, transportation, restaurants and utilities.

The CPI in the infographic is a relative indicator of a country's living costs compared to New York. — MoveHub