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Old Posted Nov 13, 2017, 10:09 PM
eric cantona's Avatar
eric cantona eric cantona is offline
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Join Date: Apr 2009
Posts: 492
Originally Posted by Leo View Post
If this lowers construction costs, it is not obvious to me ...
I quote:
"A correlation between variables does not automatically mean that the change in one variable is the cause of the change in the values of the other variable. Causation indicates that one event is the result of the occurrence of the other event; i.e. there is a causal relationship between the two events."
Real estate valuation is rarely a factor of the construction costs alone. I believe that the reality is that CLT currently has a higher per sf cost than other, more standard, building types. Once the industry catches up to the technology there is the assumption (or hope, depending on ones level of cynicism) that CLT will be a more economical approach to building large structures. Add in the potential for serious carbon taxes (post Trump) and it may become the default position.

I base the above entirely on anecdotal information solely residing in my brain - not from a place of serious research. Curious if others have an opinion.
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