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Wouldn’t you need 400k units for 3-4 billion with that income per household? I suppose on the ocean would be interesting if it were tied with some desalination
by ianai 4y ago
Wouldn’t you need 400k units for 3-4 billion with that income per household?
I suppose on the ocean would be interesting if it were tied with some desalination and generally using the ocean sustainably.
One way to kick that sort of thing off might be individual, modular units which could be brought together to make ever larger complexes.
- _8j50 4y agoRent plus,groceries and most bills, if that is at least 50% of income (rent alone is typically a third of income) on 80k/yr that is 40k * 100k = 4B. Even with just 1500/mo rent that is 1.8B gross/yr and 18B in 10 years if net profit is only a 3rd of that (assuming it won't collect taxes like cities!) it will be 6B/10y. My point is, to recover costs in 10 years, you need to make it at a cost of 60k/unit which seems low but I am hoping economy of scale would make things cheaper. Like, it would make sense to have your own factories close by just for the concrete,wiring,etc... but at least with 100k/unit cost(10B) it should still be possible and the recovery time isn't too bad given mortgages go 30+ years. And picking a good location can guarantee occupancy.