Charles talks about a Freakonomics podcast episode titled "Why is it so hard and expensive to build anything in America?" In summary, Charles discusses how construction productivity in the U.S. has flatlined since the 1960s, leading to increased costs. The factors contributing to this include regulations, lack of incentives, internal and external factors, and the absence of mass production in the construction industry. He mentions a study that highlights the impact of land use regulations and the need for changes in mindset to address the issue. 

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Unlocking the Puzzle of Stagnant Construction Productivity

Join Charles Dobens, the founder of the Multifamily Investing Academy and creator of the Multifamily OS system, in this insightful episode of the Multifamily Investing Academy podcast. Charles delves into the challenges and complexities of construction productivity in America, drawing inspiration from a thought-provoking Freakonomics podcast episode titled "Why is it so hard and expensive to build anything in America?"

As an economics major, Charles brings a unique perspective to the conversation, unraveling the mysteries behind the stagnant construction productivity since the 1960s. He explores factors such as regulations, industry workings, lack of incentives, and internal/external influences. The episode addresses the impact of land use regulations, lack of capital investment, and the absence of research and development (R&D) in the construction industry.

The discussion highlights the city of New York's efforts to ease regulations and the implications of modular building practices. Charles emphasizes the critical issue at the heart of the problem – the inability to mass-produce due to small lot sizes, hindering productivity and preventing economies of scale.

Through engaging anecdotes and statistical insights, Charles paints a vivid picture of the challenges faced by the construction industry. The episode concludes with a call to action, recognizing the need for a shift in mindset and potential solutions for a more productive future in construction.

Tune in for a captivating exploration of the multifaceted issues surrounding construction productivity, offering valuable insights for investors, industry enthusiasts, and anyone intrigued by the dynamics of building in America.

Check out Charles' MultifamilyOS™ Business Builder Program HERE

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