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LA "Homeless" to receive above market cost dwellings


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2019 Nov 4, 2:18am   210 views  8 comments

by MisdemeanorRebel   ➕follow (12)   💰tip   ignore  

Nearly three years after city voters approved a $1.2 billion construction program over 10 years, the city has yet to see the first building completed. Average per-apartment costs have zoomed more than $100,000 past prior predictions, the study by city Controller Ron Galperin finds.

"To create a bigger impact now and in the future, the city must make some immediate changes to its approach," said Galperin in comments via email. "Los Angeles needs to figure out how to make the cost of development cheaper and the timeline quicker."

At an average cost of $531,373 per unit – with many apartments costing more than $600,000 each – building costs of many of the homeless units will exceed the median sale price of a market-rate condominium. In the city of Los Angeles, the median price for a condo is $546,000, and a single-family home in Los Angeles County has a median price of $627,690, the study states.
https://www.usatoday.com/story/news/nation/2019/10/08/los-angeles-la-california-homeless-shelter-housing-apartments-condos/3882484002/

Comments 1 - 8 of 8        Search these comments

1   Bd6r   2019 Nov 4, 6:37am  

@NoCoup,
Why do you hate capitalism and free market where the MAYOR! and his cronies earn $trillions from contracting building of these condos out to their cronies thus helping the poor and homeless???
2   FortwayeAsFuckJoeBiden   2019 Nov 4, 8:48am  

This is fucked up. Really crony bullshit.
3   RWSGFY   2019 Nov 4, 9:11am  

Pay moar taxes, suckers!
4   Ceffer   2019 Nov 4, 9:33am  

Equal Opportunity does not work without massive graft and corruption. 'Nuff said.

Why do they hate compensatory fair play and reparations?
5   WookieMan   2019 Nov 4, 11:11am  

I know land is expensive in CA, but the cost per unit is obscene for what they should be. An individual really only needs about 150sq ft. 5x10 bathroom (toilet, sink & shower - no tub). Then a 10x10 room with a bed on the wall (make it fold up if you want) and kitchen setup on the other side of the wall (fridge, stove, sink & couple of cabinets). I'd never live there, but if I found myself homeless ever, I'd be there in a heartbeat.

These could all be pods that stacked together, built off site. And yes, I known this has been done. Hell, families of four live in cruise ship rooms for a 7-14 days sometimes. I just don't get how you can get to $500k plus per unit. Labor, cabinets and cheap appliances for that size room are $2k tops. Bathroom another $2k. No reason each pod couldn't be built for about $20k in mass, including labor. Land cannot be that much....
6   RWSGFY   2019 Nov 4, 11:28am  

WookieMan says
I know land is expensive in CA, but the cost per unit is obscene for what they should be. An individual really only needs about 150sq ft. 5x10 bathroom (toilet, sink & shower - no tub). Then a 10x10 room with a bed on the wall (make it fold up if you want) and kitchen setup on the other side of the wall (fridge, stove, sink & couple of cabinets).


Who said these units are anything more than described?
7   WookieMan   2019 Nov 4, 11:34am  

Liberal_in_blackface says
Who said these units are anything more than described?

Then there's likely extremely illegal activity going on. Not saying rooting out government corruption is an easy task. But huge campers can easily be bought and placed somewhere for substantially less. Fuck. Decked out new Airstreams go for $110k. That leaves you $400k to put it on land and tap utilities. You guys need to overthrow your government out there by any means necessary. Jesus.
8   RWSGFY   2019 Nov 4, 3:24pm  

OccasionalCortex says
WookieMan says
Decked out new Airstreams go for $110k


...and you can stack'em high, too!



Where's plumbing?

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