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It is popular these days to say that cars cost more than a small house. My view is they should cost even more. Just think what goes into making cars today and compare it with a bunch of 2x4s and a box of nails that anybody can hammer together. You can’t pile on a bunch of day workers in the back of a truck to build you a jewel like this. The engine is the most visible part. Every piece that goes into a modern car is a marvel of engineering that requires unique skills and expensive equipment to make. What goes into a house? Wood, concrete, asphalt shingles, doors and windows, drywall, paint... you get the point.
Some do, if you’re into classic cars or rare/exotics. Women will cost you more than both.
I've purchased 5 houses that cost less than my last 2 cars. 7 if you add on the sales tax. The difference is the cars did not need maintenance/repairs right away and the houses did. That and inflation over a 20-40 yr time span.
A car costs much more in proportion to its size than a house. But a car is so much smaller than even a small house. Plus the value of land is a big part of a house. So thus homes cost a lot more than a car, even in cheap areas of housing unless you compare the cheap housing areas to super luxury $100K or more cars.
If there were homes you could buy the size of cars, I am sure they would be much cheaper than cars as you would not have much room to do anything in a home the size of a car except sleep and sit down and the engineering to go into a house the size of a car would not be remotely close to what goes into a car. A house even a very small one is so much bigger it really is not comparable.
A Jet airplane which is as big as some houses costs way more than a house for example. There really is not much they could make big enough to be street legal that could cost significantly more than a house unless it is a super luxury motor coach or rare classic super luxury car or Rolls Royce etc..
My car cost more than my house but then again I’m in a 20 year old 2 bedroom one bath mobile home. Though 20 years old, I maintain my home and people think it’s no more than 5 years old.
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