In the last 50 years, cities across the country closed down over 1 million SROs ( https://en.wikipedia.org/wiki/Single_room_occupancy ) in an effort to remove slums or just neglect at increasing property value. There are now over half of a million homeless. It's honestly impressive the number is not more. For the 1.2 billion dollars they are spending, if all of the apartments were built to the spec of a roadside mote…
This...is not wrong. Pioneer Square in Seattle used to have a lot of flop houses, part of it being the original "skid row" (logs skid to the saw mill, really muddy and not a desirable place to live). My grandfather in Spokane unwittingly ran a rooming house we cousins called the "empty arms" (inherited from his sister), which housed a lot of people who were just barely getting by. Seattle's flop houses are mostly gon…
The other possibility is that we should root out the corruption in this process. I am not generally a fan of privitization at all. In the private market however you're building 2/2s in LA for less than half of the cost including furnishings and fixtures.
By that I mean a 2 bed, 2 bathroom, with all of the traditionally middle class loved touches including faux marble, and faux wood flooring etc.
The situation LA is in is unconscionable as 4,000/mo apartments are going up for rent and developed for less than 350k.
The issue here is definitely corruption and not ability, cost, or the need to put people in Parasite style apartments.