Jack and Nick

They're based in Bristol, Connecticut, where there's still this huge tower out of nowhere. Like it's like rural Connecticut. And then there's a 38 story tower that's used just for the testing of the elevator shaft. You can see it from all the way up here. But here's the surprise. Fast forward to today, and the data shows that we've basically stopped building elevators in the United States.

Get this, besties. The United States has one million installed elevators, which, Jack, that sounds like a lot, you know, man?

Get this, besties. The United States has one million installed elevators, which, Jack, that sounds like a lot, you know, man?

Get this, besties. The United States has one million installed elevators, which, Jack, that sounds like a lot, you know, man?

But it's actually very few. Jack, could you sprinkle on more context, please? Spain and Italy have the same number of elevators as the United States. even though our population is seven times bigger. Now, besties, in Western Europe, two or three-story buildings, it is common for them to come with elevators. It's just a standard. But in the United States, not a chance.

But it's actually very few. Jack, could you sprinkle on more context, please? Spain and Italy have the same number of elevators as the United States. even though our population is seven times bigger. Now, besties, in Western Europe, two or three-story buildings, it is common for them to come with elevators. It's just a standard. But in the United States, not a chance.

But it's actually very few. Jack, could you sprinkle on more context, please? Spain and Italy have the same number of elevators as the United States. even though our population is seven times bigger. Now, besties, in Western Europe, two or three-story buildings, it is common for them to come with elevators. It's just a standard. But in the United States, not a chance.

No, you are huffing and puffing up to that sixth floor of a new building. New apartment buildings that are six stories tall are being built without elevators. Jack, when we lived in the East Village, we had a four-floor walk-up. That was not a fun situation, my friend. And the reason for all these stairs and no elevators is cost. Do you remember our buddy Timmy? barely made it up there.

No, you are huffing and puffing up to that sixth floor of a new building. New apartment buildings that are six stories tall are being built without elevators. Jack, when we lived in the East Village, we had a four-floor walk-up. That was not a fun situation, my friend. And the reason for all these stairs and no elevators is cost. Do you remember our buddy Timmy? barely made it up there.

No, you are huffing and puffing up to that sixth floor of a new building. New apartment buildings that are six stories tall are being built without elevators. Jack, when we lived in the East Village, we had a four-floor walk-up. That was not a fun situation, my friend. And the reason for all these stairs and no elevators is cost. Do you remember our buddy Timmy? barely made it up there.

We had to like carry them from the third floor to the fourth floor sometimes. But back to the shocking cost. Yetis, the basic four-story elevator costs $160,000 in New York City. In Switzerland, they cost less than a quarter as much to build today. Because in Switzerland, they don't cost 160 grand, they cost just $36,000.

We had to like carry them from the third floor to the fourth floor sometimes. But back to the shocking cost. Yetis, the basic four-story elevator costs $160,000 in New York City. In Switzerland, they cost less than a quarter as much to build today. Because in Switzerland, they don't cost 160 grand, they cost just $36,000.

We had to like carry them from the third floor to the fourth floor sometimes. But back to the shocking cost. Yetis, the basic four-story elevator costs $160,000 in New York City. In Switzerland, they cost less than a quarter as much to build today. Because in Switzerland, they don't cost 160 grand, they cost just $36,000.

And according to a nonprofit dedicated to lowering building costs in America, there's one reason why we have to pay four times as much for an elevator as the rest of the world does. Jack, take us to the lobby and tell us the answer. The one reason is regulations. Regulation. Because yet, in the United States, elevators are bigger.

And according to a nonprofit dedicated to lowering building costs in America, there's one reason why we have to pay four times as much for an elevator as the rest of the world does. Jack, take us to the lobby and tell us the answer. The one reason is regulations. Regulation. Because yet, in the United States, elevators are bigger.

And according to a nonprofit dedicated to lowering building costs in America, there's one reason why we have to pay four times as much for an elevator as the rest of the world does. Jack, take us to the lobby and tell us the answer. The one reason is regulations. Regulation. Because yet, in the United States, elevators are bigger.

Because regulations dictate they must be able to hold an ambulance stretcher. So we have elevators twice as big as the rest of the world. And in the United States, elevators are custom. Here, elevators must pass a special code, not the uniform code that the rest of the world uses. And in the United States, labor costs are just much higher.

Because regulations dictate they must be able to hold an ambulance stretcher. So we have elevators twice as big as the rest of the world. And in the United States, elevators are custom. Here, elevators must pass a special code, not the uniform code that the rest of the world uses. And in the United States, labor costs are just much higher.

Because regulations dictate they must be able to hold an ambulance stretcher. So we have elevators twice as big as the rest of the world. And in the United States, elevators are custom. Here, elevators must pass a special code, not the uniform code that the rest of the world uses. And in the United States, labor costs are just much higher.

Elevators must be built by documented workers here due to regulations. Every high-income country, they use lower-cost immigrant labor for apartment construction, but in the United States, you can't really do that because of immigration policies and regulations. American exceptionalism in construction. It's made elevators economically unviable.