Earlier quoted context omitted.
> "I want market based solutions". What would that look like? I assume it's not profitable for builders...or else there wouldn't be a problem? If it were, they would build them everywhere.
My comment was written 13 days ago. I have since gotten off the street with a market based solution. I am in an SRO. Historically, we had a lot more SROs and boarding houses than we do currently. Up to 80% of SROs were torn down in the 60s and 70s when they weren't needed by Baby Boomers, who were a demographic anomaly. As demographics returned to something more normal, we never rebuilt them. They are less profitable…
Less profitable - yet profitable - sounds reasonable. I'm not familiar enough with the builders pricing to know.