Go look at yourself in the mirror. Go have Marin look at itself in the mirror. It’s a joke. That county doesn’t care. It doesn’t care if the guy who made Star Wars is financing it. It’s pathetic.https://www.bizjournals.com/sanfrancisco/news/2016/11/10/george-lucas-affordable-housing-marin.html …
Affluent counties don’t tend to give two shits about either. (Again, not you personally, but Marin the county.)
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It is really just profoundly expensive to build any kind of housing in the Bay Area. $400/sq ft construction costs per sq ft, on top $100-200K in land costs per unit, excluding fees, cost of capital, etc. Maybe $600/sq ft raw construction with the demand shock from wildfires.
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So to build any kind of unit that is accessible to median wage household — let alone a minimum wage household — there is still a multi six hundred K figure capital gap.
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