> AI will lower the cost of goods and services, because labor is the driving cost at many levels of the supply chain. If robots can build a house on land you already own from natural resources mined and refined onsite, using solar power, the cost of building that house is close to the cost to rent the robots. And if those robots are made by other robots, the cost to rent them will be much less than it was when humans made them.
The issue with rising costs of housing is not (completely) linked to labor costs, it's land value, regulatory capture, bad infrastructure, and heavily marketed house-in-the-suburbs-as-the-only-way-to-live.