alt Hacker NewsLol no it doesn't you literally have it backwards - think about the trades, specifically construction, as low barrier to entry jobs and consider that houses/buildings are all different (not commodities).
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Both can be true in homes being unique while also functionally being like commodities. Whether a home or a spec home or tract home the pricing is based similarly to sports stats and no matter how one-of-a-kind a home is a mortgage on such a home can then be packaged with a bunch of other homes into a bond where bond investors will look at the stats of the combined homes and who the borrowers are.
> consider that houses/building are all different (not commodities)
The vast majority of US housing construction is tract housing, which is a commodity. In the EU, flats, which are also commodities.
Lol,no.
Houses/buildings are each isolated physical structures.
Software is trivially and instantly replicated, and the same software can serve millions.
Also, even in your example you're just the commodified roofer or construction worker. Not the non-commodified house.
It's difficult to appreciate just how quickly and obviously low-barrier jobs sort people by ability and aptitude.