Ok hot take, this is a perfectly valid move, 700 for location and a box to sleep in is a welcome option for many renters in the city. If there are shared spaces like kitchen baths etc this works.

If you want your own space, ok, this isn't for you, but this alleviates a ton of rental demand which could lower rents in aggregate if enough of these are built!

The alternative is your whole paycheck goes to rent and you retire a week before death, i'd be all for this if I were single.

Is someone making a profit? Most definitely, but I get a better option to run my career in the city, I'm down. Not only that, I hope this model picks up so more people can have the option.

My gripe here is the city, bitching about no windows when this is a pretty tangible solution to many renter's problems. Either fix it yourself or get out the way when others are addressing it.

Edit: lots of group think and virtue signalling here. If these aren't there you don't even have the choice, it's 5k rent or move away from the city. That's not bootlicking that's fact. Whining about landlords being greedy isn't a solution, and this is.