A comment he made to me once was “Nobody builds low-income housing. a mid-rise luxury condo will only cost a bit more to build than low income apartments, but you make a shitload more”
Yeah, I completely believe it.
Space-efficient middle housing for the poor and lower middle-class is not something we can rely on private companies to do in America. It’s something that is going to have to take government intervention.
The apartment complex I was in took up as much land as around 5-7 average sized new construction homes yet it housed 42 46(I actually remember two of the buildings having 8 apartments each) apartments. It was also in a part of the country where a car was basically required. There was space for every apartment to have at least 1 car and have space to spare. Realistically probably about 1.5 cars per apartment could fit parked in the complex.
True.
However I was simple talking about an apartment complex in a relatively rural part of the country without access to public transit. There were about 55-60 parking spaces for 7 buildings of 46 apartments.