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There have been some good answers but it is also an issue of cost. Building a 3 story apartment building requires a much larger capital outlay. For a trailer pa
by snarf21 10y ago
There have been some good answers but it is also an issue of cost. Building a 3 story apartment building requires a much larger capital outlay. For a trailer park, all you have to do is run utilities over open ground. You can make a lot of money here vs the investment level with almost no recurring costs. If you have apartments, a lot of your profits for a unit each year have to be reinvested in new carpeting, paint, repairs, etc.
You also need to hire people to manage and show the apartment to renters again increasing your costs and reducing profits. The other thing to consider is that land is cheap as you get more rural. An apartment building likely needs to be closer to the city center and that land may be more expensive even though it is 20% of the size.
- maerF0x0 10y agoI wonder how much that outlay spread shrinks once you count for the fact that you need many times more roads, pipes, electric lines et al. when you spread out? Imagine a small town as a square of 16 100 story towers. You wouldnt need much roads, public transit, cabling, pipes etc. You'd only need 1 police/fire hall (albeit a big one).
- Broken_Hippo 10y agoI imagine that my spouse's guitar playing would be a nuisance, as would my neighbor's dogs. Smells of stinky food would fill the hallways, and we are gonna hope that drunk people don't piss or puke in the halls while they are trying to get out. I imagine that the 3 uncleanly neighbors will cause all 100 stories to be infested with roaches, and a place like that is too big to put up for a few days to exterminate. I imagine you'll need a much better evacuation plan and a parking garage. You'll need stairs and a elevators and escape ladders and such things.
- maerF0x0 10y agoI imagine most/all those have easily engineered solutions, including eviction. +1 on the evac plan, but walkable communities need fewer parking spaces because people dont need cars.
- Broken_Hippo 10y agoSome of them do have solutions, but most of them aren't normal things to put in place. Of course, I dislike living in large places and would rather live miles from the nearest neighbor, so I'm sure I'm biased. :) You know, I considered not adding in the parking spaces because of that. But to be honest, I don't need a car. I walk nearly everywhere - the the grocery and all that even. But I (we, I don't drive in Norway yet) do have a car and tend to use it about 1 or 2 times a month, plus vacations and short trips. It means we can visit his grandmother an hour away without being stuck overnight and relying on rides from folks and bus schedules. Just because folks aren't driving daily doesn't mean they don't need the parking space.
- Turing_Machine 10y agoIf you think evicting someone is easy, I suspect that you have never actually been a landlord.
- deleted 10y ago[deleted]
- akeck 10y agoI think you are on point. Trailer parks come up semi-regularly in financial independence forums, because of this cost structure.