So... meta thread on unit economics. In LA, pre-Covid average rates were like $3/sf so a 1000 sf space would be 3k. I’d guess many of these ideas would only start to get interesting if it drops below $2/sf. What the picture in your city? https://hughesmarino.com/los-angeles/blog/2019/11/04/as-rents-continue-to-increase-cre-markets-remain-flat-in-los-angeles-for-q3/ …https://twitter.com/vgr/status/1302282689844633601 …
In urban areas most people don’t have garages. They live in apartments with shared lots at best, or street parking at worst.
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oh, yeah
I've never lived in an urban area so I sometimes forget these things.
The things I listed might still make sense, especially if you want to justify higher rates that people in urban areas would be able to pay.Thanks. Twitter will use this to make your timeline better. UndoUndo
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