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Yep. Commercial -> Residential conversion is far from easy. I'm active in a multifamily investor group and what I am hearing is that it is damn near impossible
by bequanna 3y ago
Yep. Commercial -> Residential conversion is far from easy.
I'm active in a multifamily investor group and what I am hearing is that it is damn near impossible to make this work and actually cheaper to just build new multifamily vs convert.
- no_wizard 3y agoWhat if you change the narrative from "single family" home (or multi-family dwellings) to "cater to couples and/or singles that can handle needed compromises"
- bequanna 3y agoGood luck changing building regs to suit that. Also, it sounds like you’re proposing building adult dormitories. Is there any evidence people want that?
- fundad 3y agoPrivate sector isn’t positioned to accomplish this. You’re correct.