4 ms·
The only benefit renters have when new construction come in is that they can get the hell out instead of being stuck with "beep beep beep" trucks backing up at
by shados 8y ago
The only benefit renters have when new construction come in is that they can get the hell out instead of being stuck with "beep beep beep" trucks backing up at 6am and demolition tremors all day long for 3-5 years straight (yeah, I'm jaded).
Anyone living there, regardless of if they own or rent, is affected by the changes. People currently there bear the burden, people who come in after reap the benefits.
- ryanobjc 8y agoI lived next to a major construction site. I came to hate construction workers. They constantly violated city wide noise ordinances. They started work as early as possible, to ease their commutes, which were vehicle based, in a neighborhood well served by transit. They took street parking for years on end. They created tons of dust. It sucked. The resulting construction added no flavor to the neighborhood. It was generic and boring looking apartments, no business space, no communal or common space.
- pcwalton 8y agoThe benefit renters have with new construction is that it lowers the costs of housing by increasing supply. Besides, in California, new owners and renters hugely subsidize the existing ones, because of Prop 13 and rent control.