670
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 13 Apr 2024
670 points (97.5% liked)
News
23275 readers
3451 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
I would love to see an actual study proving it's possible for only 10% of them because I've lived in a building built like an office one and I've done renovations in it and there's very little that's different from a residential building with concrete floors once everything's been stripped down.
It's even more expensive as fuck to build a residential building of the size of those office buildings as well and once converted is guaranteed income forever, no pandemic stops people from living in it and there's always people willing to rent, contrary to businesses that can change their policies or simply go bankrupt.
I come with receipts: https://www.cbsnews.com/news/converting-vacant-office-buildings-into-apartments-60-minutes/
An economist...
Get me an engineer's or architect's opinion and then I will give it some credibility.
I mean, you’re welcome to provide a source refuting mine from an engineer or an architect. I provided my source, where’s yours?
That's what I'm saying, your source is from someone in a field unrelated to the one responsible to make the modifications, that's like if you just gave me a quote by a geographer as a source for something related to computer science. The responsibility of finding a credible source for your number is still on you.
Buildings cost money. The whole point is that it isn’t economically viable to convert most buildings. My source is perfectly validly for the number I quoted. And if you need further convincing, watch the 60 minutes interview with the same guy. Not going to argue further with someone who clearly is arguing in bad faith.
https://www.nber.org/system/files/working_papers/w31530/w31530.pdf
There, I bothered finding the actual source, not just a number reported in an article
When you look at it you realize that it's for NYC only, that they consider that current high occupancy means that a building can't be converted, that they base it on current laws in place (which would change if the government wanted it to happen), they they automatically eliminate tons of buildings based on them being too recent or too small...
Also, they're studying the financial feasibility and assume a whole lot of things (their own words), they're not studying the physical feasibility which is what I was talking about. We're talking about housing people, ROI isn't the important part to homeless people or those who would love to live closer to their workplace but can't afford it.
So in NYC there's 10 to 15% of buildings that are FINANCIALLY viable conversions for a return on investment they consider acceptable. You can now stop saying only 10% of buildings can be converted as that's not what they were trying to determine.
Not bad for someone arguing in bad faith huh? Or is arguing using unrelated studies is a way of arguing in bad faith on your part? 🤔
No building will be renovated if it isn’t financially viable. I never said you can’t convert any building with infinite money. The 10-15% number is the actual relevant one for getting the conversions done in reality, not the fantasy world you seem to be living in.
They will be if it's a governmental project, they won't be if it's handled by the private sector (as in, none of them will be, zero, niet, nada) and a large scale project like that shouldn't be handled by the private sector as the goal is to create affordable living spaces.