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$550,000 a unit. Come on. You can’t be serious that this is a solution. https://apnews.com/article/lifestyle-business-health-california-coronavirus-pandemic-83
by encoderer 4y ago
$550,000 a unit. Come on. You can’t be serious that this is a solution.
https://apnews.com/article/lifestyle-business-health-california-coronavirus-pandemic-835c2091c63c199d397346a497e7ae49 https://apnews.com/article/lifestyle-business-health-califor...
- lapetitejort 4y ago> CEO John Maceri said the state has set up local governments for success, but it will take a combined effort of politicians and service providers to sustain the program. He estimates conversion costs will be far less than $550,000 per unit, the going rate for building from the ground up. I assume this is where you got your number? Why skip the "far less" part?
- encoderer 4y agoJust fast googling. Here’s another source at $300k - still insane. https://www.ktvu.com/news/oakland-san-francisco-awarded-grants-to-covert-hotels-into-housing-for-homeless-residents.amp https://www.ktvu.com/news/oakland-san-francisco-awarded-gran...
- sterlind 4y agoThe only to solve homelessness in a city, definitionally, are getting the homeless to move out, or getting them housing. Given the insane real estate prices in the area, $550K seems accurate to buy them housing. Unless you plan to round them up and ship them to camps, or find a way to get them jobs that pay well enough to lease a $550K unit, you're sort of out of options.
- encoderer 4y agoHomeless shelters? Seems to be a heck of a lot cheaper and more scalable than putting people up in 300-500k condos?
- ryan_lane 4y agoShelters are a temporary means of keeping people alive. They are not long-term housing and don't solve the problem. Also, they aren't cheap and they aren't scalable. We need and want shelters to exist, but only as a means of temporary housing.