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Publicly funded homes for the poor cost $1.2M each to build
- WalterGR 1y ago“Homes” in this context means apartments, not single-family homes. Further, emphasis mine: > D.C. apartment buildings exemplify a national trend, as the costs of affordable housing approach and sometimes exceed $1 million per unit in cities that also include San Francisco and Chicago. Cherry-picking high cost-of-living cities. How much does it cost per unit to build apartments for the non-poor?
- josephcsible 1y ago> “Homes” in this context means apartments, not single-family homes. Doesn't this make it even worse? Isn't the entire value proposition of apartments supposed to be that they'd have a cheaper per-unit cost than single-family homes?
- WalterGR 1y agoWhat’s the cost of constructing a single-family home in the same neighborhoods as in the article?