Posted on 12/22/2016 9:20:24 AM PST by Perseverando
Last year we noted, via the Liberty Blitzkrieg blog, that rents in San Francisco and surrounding areas had grown so out of control that even Ivy Leaguers, like 31 year old Luke Iseman of The Wharton School, were having a hard time making ends meet. After growing tired of renting a run down, tiny apartment for $4,200 per month, Iseman decided to take a novel approach to housing. So he rented out a warehouse space and filled it with 11 steel shipping containers that he now rents out as makeshift apartments for $1,000 per month. We learn more from Bloomberg:
Luke Iseman has figured out how to afford the San Francisco Bay area. He lives in a shipping container.
The Wharton School graduate’s 160-square-foot box has a camp stove and a shower made of old boat hulls. It’s one of 11 miniature residences inside a warehouse he leases across the Bay Bridge from the city, where his tenants share communal toilets and a sense of adventure. Legal? No, but he’s eluded code enforcers who rousted what he calls cargotopia from two other sites. If all goes according to plan, he’ll get a startup out of his response to the most expensive U.S. housing market.
Iseman collects $1,000 a month for each of the 11 structures parked in the 17,000-square-foot warehouse he rents for $9,100. Tenants include a Facebook Inc. engineer, a SolarCity Corp. programmer and a bicycle messenger
Now, billionaire California real estate developer John Sobrato is looking to implement a similar plan in Santa Clara to house a portion of the city's 6,500 homeless. The plan calls for converting 200 steel shipping containers into a mix of 160 and 240 square foot micro apartments that could then be rented out homeless and low-income families.
(Excerpt) Read more at zerohedge.com ...
Stage the containers on Nancy Pelosi’s winery.
“Iseman collects $1,000 a month for each of the 11 structures parked in the 17,000-square-foot warehouse he rents for $9,100.”
So he has $1,900 a month left to pay utilities on a warehouse, taxes, etc? Doesn’t seem like a profitable enterprise.
Now if you buy the warehouse and can stack 100 containers in it, then maybe you could cut it, if the city doesn’t shut you down before then.
Those things are traps.
Is it my imagination, or do these residences look just like mobile homes. . .just a new generation of trailers. I’ll bet a used mobile home, which does meet housing specifications would be cheaper than these shipping containers.
Contained and out of the elements sure beats them sleeping on a different park bench every night or being brought in to the ER half-dead from exposure. Also I bet local businesses would be very happy to have them where they don’t scare away customers.
agreed
This type of thinking led to the “favelas” in Rio and other third world slums where millions now live in squalor.
In Arizona those are called “Solar Ovens”.
Much more efficient to block traffic on a busy sidewalk downtown. Not gonna get any handouts inside a warehouse in Oakland...
Put 1 each on the thousand or so hawaiian islands. Put 2 jailed men together on each. Put the homeless in the jails. The prisoners can have a sex life that way.
Success of this rich nitwit’s plan depends on where he is going to ship them to. First, this must be “fake news” because we’ve been told by Clown Prince nobama how great the economy is now because of his policies.
There’s not enough money or jobs, there isn’t going to be enough, and they have to go somewhere. This isn’t the 1950’s where we can just give a few bums Greyhound therapy and the problem goes away. Would you rather have them in slums you know to keep clear of or on every street corner eyeballing you...and your wallet...and your car...and your wife or daughter?
A shipping container, umm?
They must feel this would be a step up from the industrial waste container in which the NY homeless live. This past year a segment was done of a man who lived in a waste bin. He was happy, and his rent was low.
Shipping containers were seen as new hot housing until the ‘tiny house’ phase became popular and the containers were to be had only if you had a large wad of cash.
As a side note — interested in Tiny Houses and where to live? Try Spur, Texas...the town is made for tiny houses.
A few years ago, I had to take a new job about 600 miles from home. The company got me an apartment for two months then I was on my own.
I looked at a few options, even borrowing my MIL’s RV and living at a campground.
I looked at tenting too. I’m a pretty simple guy. everything I needed fit into my Pontiac Vibe.
Something like that, at $250 a month would have easily fit my needs. As it was, I met a guy at church who rented me a room. I borrowed a mattress from him. My only furniture was a $10 folding camp chair and a folding camping table.
I lived there 6 months until we sold our house and moved the family.
Soy lent Green. Now available in cans.
I began to write a rant and then realized all these homeless problem are the result of bad public policies by our elected officials.
If a community keeps electing like minded people they deserve to live with the conditions they create.
So if they want a bunch of homeless wandering their streets, crap*ing in doorways, pi$$ing in the bushes and attacking ordinary citizen, I guess they are just fine with.
I will stay out of their self created hell.
HeyWhynot just go and buy refuse dumpsters.When they’re filled just dump them.
“”So he rented out a warehouse space and filled it with 11 steel shipping containers””
Doesn’t look they fill up warehouse space - they appear to be outdoors to me but what do I know?
from the article:
....efforts. Nearby neighbors, who are undoubtedly paying $1,000's of dollars per month for their shoe boxes, have already started an online petition to shut down the project.
What has not been stated in this proposal, is how the nearby neighborhood is already being negatively affected by the mismanaged apartment complexes to the north of this potential landing spot for the homeless.
Nearly 5 blocks of mismanaged, high density, low-income housing already exists across the street. Due to these apartments and the high density living that accompanies these apartments, nearby neighborhoods are experiencing a spike in crime, drug use, alcohol use, litter and lack of available parking.
The nearby neighborhood streets, which at one time were quiet are now being used as a main thoroughfare for vehicles and pedestrians. Cars are being broken into and keyed and houses are being burglarized.
There have been multiple hit-and-runs associated with the extra foot and vehicle traffic and the police have been called out multiple times for "suspicious" individuals either loitering around the neighborhood or sleeping in their cars."
Back in the 80s there was a whole “city” of abandoned railway cars in West Oakland inhabited by punk rockers, skateboarders and various arty-farties, mentally ill and homeless.
It was behind the Pine St. Ironworks. There was a huge skate ramp inside the factory; the factory owners let the skateboarders use it after hours for epic skate tournaments and raves.
The rail cars were stacked in multiple-story “apartments” with ladders and ramps to the upper cars. The inhabitants worked out the accommodations without the help of any entrepreneurs, ergo, the rent was free.
It’s prolly still there, but likely charging $3k a month now for the hovels.
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