“A new apartment in the Bay Area costs about $700K to build.... The price tag on 20,000 units could be more than $14B. That would be a major chunk of Google’s cash on hand. Parent company Alphabet had $136.8B in revenue last year and reported $109.1B in reserves.”https://twitter.com/rolandlisf/status/1145725171229024256 …
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Almost implausibly so for low income stuff it seems to me. Seize crappy land via eminent domain, put up decent small units using modern low-cost modular methods, get folks a roof and a chance. This is hard but people live on the streets. Not enough seem to care
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What crappy land? Eminent domain is not used liberally here or in the US generally bc were a strong property rights country/culture. Construction is actually just really expensive here bc of labor shortage/seismic standards, etc. We have the highest costs in the US.
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