Good News Everyone

Off topic, they look like detached homes. Was there a conscious choice not to make duplexes, quads, or an apartment building? Tiny homes are just so weird to me... People will really do anything except stick units next to each other

If it was possible to build co-ops of these it'd be what I've been suggesting for like 9 years.

My grandma lived in this trailer park for 40 years until she died. Pretty low overhead.

As for the residents of the houses, rent is kept at 30% of income, which means the large majority of residents pay a maximum of $200 — including all utilities and internet — every month.

How are they planning to sustain this long-term?

Surely, someone is paying for the difference. Unless I totally missed it from the article 🫣

Honestly when I see "tech millionaire" and "altruism" in the same article, I don't expect to see someone actually using their wealth to do something decent.

When I lived in germany full time, I would've loved to live in a tiny home, but germany would've rather put me on the street than allow a tiny home lmaoo.

This is good, but if we address this at a systemic level, we don't need to put people in tiny low-density homes unconnected to anything for it to be affordable.

China addresses it by looking at how much labor and materials is required and ensuring the price of concrete, steel, glass, etc is sufficiently low for the number of homes they need constructed, and that there is enough of each type of skilled labor that goes into building a home.

Presumably local governments have some mechanism for when they know a house costs X materials and Y labor, and they see new construction costing significantly more than that.

The result is detached homes@avg 75USD/sqft and apartments@55/sqft. With current interest rates of 6.768%, you'd get ~400 sqft homes with a $200/mo 30 year mortgage at those prices, 600sqft if interest rates were 3%.

“The word ‘philanthropy’ is often interpreted as someone who gives money,” he told the alumni magazine.

“But the Greek roots of the word ‘philos’ and ‘anthropos’ mean to love humans. What I have discovered is spending money is the easy thing, spending yourself is the hard thing. The 12 Neighbours project is how I can best spend myself.”yl

I'm not crying, you're crying... Sniff

Remember, theres a gigantic difference between the wealth of a billionaire and the wealth of a millionaire. For one thing, its possible to make a million without harming others, a BILLION though, you HAVE to sacrifice others to achieve.