4 ms·
a 1 bed 1 bath is going to cost 300k+ to construct at density This is a problem that can be worked on that will benefit everyone across the income spectrum. No
by WillPostForFood 7y ago
a 1 bed 1 bath is going to cost 300k+ to construct at density
This is a problem that can be worked on that will benefit everyone across the income spectrum. No way we should be stuck with $~7500 per square foot construction costs (assuming a small 1 bed 1 bath would be 400sqft).
- pkaye 7y ago> No way we should be stuck with $~7500 per square foot construction costs... I think that should be $750 per square foot...
- sampo 7y agoOf that $750/sq.ft. ($8100/sq.m.) maybe 25% is construction cost. The rest 75% is the value of the land in that location.
- WillPostForFood 7y agoGovernment already owns plenty of land, even in most large cities. If you can get a bunch 30+ story housing cheaply and quickly, you can make a dent in the housing problem. Look at what China is doing.
- com2kid 7y agoNot in Seattle. The city is having huge issues finding places to build low income housing. Whenever they do identify a location, a bunch of lawsuits show up from nearby residents. Sometimes those lawsuits go somewhere, and the city has to start planning all over again.