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1   HeadSet   2019 Oct 18, 1:43pm  

It is funny to see the article quote Los Angeles home prices. It is not the cost of the structure, it is the cost of the land beneath that is unaffordable.
2   SunnyvaleCA   2019 Oct 18, 3:28pm  

HeadSet says
It is funny to see the article quote Los Angeles home prices. It is not the cost of the structure, it is the cost of the land beneath that is unaffordable.

The cost of construction in California is also ridiculous. So, if you could build in a factory in Nevada (or China) and ship to California for installation, that could help. Also, trailer parks usually have tiny land parcels that are rented, so that aspect is also difficult to compare.

You should check out some of the trailer parks in Sunnyvale east of 101. Some of them are really well kept. The parks have rules that generally dissuade people from renting out the trailers, so they are all owner-occupied units. The complex also has rules about upkeep.

The big downside to the trailer parks is that you own the thing that depreciates (the structure) and rent the thing that appreciates (the land).

I dated a woman who had a beautiful, luxury triple-wide. Turns out that her renting the property was considerably less than what I pay in property taxes to supposedly "own" my property. So who's throwing more money down the drain? Another way to look at things is that she was paying less every month (including the mortgage) than a renter of a 2-bedroom apartment in a new complex; she had 4 bedrooms and 3 baths as well as breathing space from her neighbors.
3   Fuckyouasshole   2019 Oct 18, 9:58pm  

I think this could work, just stack container homes 3 high. Make the ground floor more expensive. I'd live in one if I was inclined in live in a shit hole

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