Estimating how many homes $50 billion could build in Eastern Tennessee involves several factors including the cost per square foot, the size of the homes, and local construction costs. Here's a breakdown based on available data:

Average Cost Per Square Foot: According to recent data, the average cost to build a house in Tennessee is around $130.97 per square foot. However, this can vary by location, with cities like Knoxville averaging around $109.97 per square foot, and Chattanooga around $112.07 per square foot. For Eastern Tennessee, let's use an average of approximately $110 per square foot as a conservative estimate.

Home Size: Assuming a typical new home size of about 2,000 square feet (which is a common size for new constructions), we can calculate: Cost for one 2,000 sq ft home: 2,000 sq ft * $110/sq ft = $220,000. Number of Homes: With $50 billion: $50,000,000,000 / $220,000 per home = approximately 227,272 homes.

However, this calculation only considers the construction cost and not additional expenses like land acquisition, permits, and infrastructure. Land costs in Eastern Tennessee can vary widely, with rural land potentially costing less than $3,800 per acre but can be significantly higher in more developed or desirable areas.

Land and Additional Costs: Adding land and other costs might increase the per-home cost, potentially reducing the number of homes that could be built. If we assume an additional cost for land and other expenses, let's say around $50,000 per home (a rough estimate for land and preparatory work), the total cost per home could rise to around $270,000: $50,000,000,000 / $270,000 per home = approximately 185,185 homes.

Thus, with $50 billion, you could potentially build around:

227,272 homes if considering only construction costs, or 185,185 homes when including an estimate for land and other additional costs.

These numbers are approximations due to the variability in costs, but they provide a ballpark figure for what might be feasible in Eastern Tennessee with such a budget.