I'd have loved to see them make them low income affordable.
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Depending on where you live, $1400/month is REALLY cheap.
That's only a hundred bucks more than my studio that's in a bad neighborhood with drugged up neighbors that have not once, not twice, but three times hit the hood of my car with what looks like a metal bat or crowbar. I'll take an old school any day.
The good thing is I don't care about cosmetic damage and I have insurance, but it's the principle of the matter.
I'm paying that in Austin. It's great.
it's pretty rare you get a developer who wants to enter the housing market at 'affordable.' more housing is good, people who can afford it will move to them if they're fairly priced, putting their older units on the market. if they're unfairly priced then the price will come down.
Just some humble guys who pooled their money to buy it for $100,000 and then renovate it for $3.3mil.
Come on anyone can do this, just pull yourself up by the bootstraps already!
Meanwhile, I'd just start a gay autistic commune in it.
My uncle does this with elder care living.
See that is a money making use I can get behind. There is such a shortage of elder care now.
"I should have stayed in school"