2 ms·
Overall point: There is a potential solution to the housing crisis for almost every city. It is too early to tell if it will work. But it looks promising. Step
by writimov 6y ago
Overall point: There is a potential solution to the housing crisis for almost every city. It is too early to tell if it will work. But it looks promising.
Steps:
1) Build electric cars (exhaust gases in tunnels kill people). (Completed 2020 - Tesla)
2) Build tunnels that are 1/10th to 1/1000th cheaper than current technology. (In Progress - Boring Company)
3) Build tunnels that connect cities and the infrastructure to make city to city commutes through a tunnel but walking on foot using tunnel bus-like vehicles, easy, cheap and safe. (In Progress - Boring Company)
4) Build a test town of 1k-10k condos and connect to a major city with Boring Company tunnels. Initial cost of a test would be $500mil to $5bil. (Not started - ?)
5) Reduce the cost of building towns through 10X or better infrastructure improvements and develop a franchisable business model around towns.
6) Franchise the towns.
Result: Housing supply goes way up near where people want it right now. NIMBYs can't stop it. Investors may lose their shirts or make massive profits.
Advantages over other solutions: This only works if the business model works out. It leaves the politics of land-use within cities almost completely out of the picture.
Disadvantages: Its never been done before. It will cost a LOT of money to test it. The investors must be in it for the longish haul: 5-10 years at least.