Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:This is one building (The Blake on Beauregard) and just the availability of 2 bedroom units available immediately- ie- today.
https://8934213.onlineleasing.realpage.com/#k=95825
That's 45 units. They also have studios, one bed units, and 2+den units so lets be conservative and say there are 100 units available in just this one building.
Where is the crisis? Where is the shortage?
Seriously- someone ELI5- where is the crisis? Why are these units not OK but ones built in Del Ray would be the cure all?
Can anyone answer that?
If not, maybe we don't change the entire zoning code, mmm'kay?
It's 42 units,
total, in a building with 300 units. Starting with $2000-$3000/month for a 519 sf studio.
Noting, also, that units turn over all the time.
There should be units available for rent. The existence of units that are available for rent does not negate the existence of a housing crisis.
No, that is incorrect. There are 42, two bedroom units availbale right now. If you add the one bed and studios in too, it's easily 100 units.
Would you have us believe that the proposed Del Ray 4 plexes will rent for less than these?
Or do you think people have the right to live exactly where they please for exactly the price they deem affordable?
And if units turn all the time, well then, great. That shows mobility in the housing market, which is a chief indicator of abundance.
So, again, where is the crisis?
I clicked on your link and posted the information I found there, which included all units, not just 2 bedroom units..
Your idea that mobility in the housing market is a chief indicator of abundance is, well, a novel economic idea. The more standard economic idea is that price is the chief indicator of supply vs. demand.
Now, if you want to make a normative argument, for example, "I believe it's just fine if people who don't have a lot of money have to spend a large proportion of their income in order to live in tiny spaces in unpleasant or dangerous areas far from where they work, and actually it would be even better if they just went away altogether", feel free, but that's a normative argument, not a data argument.