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People who don't have 4-6k per month to spend on a house. Lots of people live in apartment buildings.

• dolessdrugs 9y ago
  There are much better, much cheaper housing options than the huge luxury apartment buildings that they would build after demolishing the mission. I don't think the emphasis in my original comment came through, it's the "huge" I had the biggest problem with. There are more options than just 'buy a house' and 'rent in a huge apartment building'.
  • JumpCrisscross 9y ago
    > There are much better, much cheaper housing options than the huge luxury apartment buildings If land is expensive, the only route to cheap housing is to (a) increase density or (b) limit immigration (e.g. Beijing's hukou [1]). > There are more options than just 'buy a house' and 'rent in a huge apartment building' This is a false dichotomy. Nobody is arguing for buying versus renting. The debate is about density. Apartment buildings are tremendously more land efficient than the two- and three-story condos San Francisco seems to prefer. [1] https://en.wikipedia.org/wiki/Hukou_system https://en.wikipedia.org/wiki/Hukou_system