You ready, Bay Area? Pay up $781K per "affordable" housing unit.https://twitter.com/jrivanob/status/864364635738132480 …
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Replying to @kimmaicutler
That $/unit again doesn't seem to properly account for expensive 12K sf of retail & apt's common area
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Replying to @sammymoss425 @kimmaicutler
Retail shouldn't be included of course, but unless we don't want common space in housing projects, it's part of the unit cost.
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Replying to @vjon @kimmaicutler
Absolutely it's part of the unit cost but people should stop writing sensational headlines about $700/unit without explaining that
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Replying to @sammymoss425 @kimmaicutler
No room for footnotes in the headline, but totally agree the retail should be subtracted out before doing the division though.
2 replies 0 retweets 1 like
Replying to @vjon @sammymoss425
Ok agreed. The general figures though would be consistent w the $825K Candlestick is seeing, etc.
8:56 AM - 16 May 2017
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