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To: AAABEST

Corporate spaces will have to be changed to apartments.


13 posted on 04/05/2023 6:17:05 AM PDT by 1Old Pro
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To: 1Old Pro
Corporate spaces will have to be changed to apartments.

I've been saying that for awhile. There is a whole generation living in Mom's basement because real estate costs skyrocketed and salaries did not keep pace. Buying a house? Renting an apartment? Plenty of people just can't do that with their current income, and they may not have reasonable hope of a higher income any time soon.

I would love to see some corporate real estate transition over to cheap housing for people with jobs. I have been told that financially this is impossible and that an office park that becomes housing is very likely to charge $3-4000 a month for each apartment rental. I'm not sure that's true. All I really know is that this country needs access to cheap housing for people who are not "parasites" but who are trying to live productive lives.

17 posted on 04/05/2023 6:24:37 AM PDT by ClearCase_guy (“You want it one way, but it's the other way”)
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