alt Hacker NewsThe discourse around high density housing does not make it clear what specific type of development do advocates prefer. Its likely that the market will have to decide for itself, but if we end up with an abundance of just 1/2 bedroom rental apartments, targeted towards transient younger people, I fear it's just going to enrich the property management class, and families with kids/older parents looking for larger places and hoping to establish roots are still going to stuck fighting the pricing/supply wars.
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I'll choose tall apartments with 1/2 bedroom rental units over nothing every day.
The only people who don't like to see "young people" paying $2500 in rent instead of $3500 for a 400sqft studio are landlords.
The economics of 3BR family units are typically hard for developers to make money on. Bobby Fijan (https://x.com/bobbyfijan) is an example of a developer who is a vocal advocate of family-centric apartments and townhomes. His projects look amazing. He also talks about the challenges creating family housing.
You don't think that younger people need housing too?
How about all the empty nesters that are sitting on 4 bedroom homes but are unwilling to move. Are you going to propose legislation to make them?
Will you propose legislation to specially encourage more multi bedroom homes?
The attitude of "this doesn't benefit a narrow band of people that I want to benefit, therefore it must be stopped" is why California is in such a housing mess right now.
Unless we see unexpected side effects (like a lower number of housing or even more housing demands due to SB 79) I guess this will indirectly help the buyers looking for larger properties since so many people have no choice but purchasing a unnecessarily spacious house thanks to inflexible zoning.
> but if we end up with an abundance of just 1/2 bedroom rental apartments
That's still a massive win. To replace 10 single family homes supporting 2-3 people each with a 9 story building supporting many multiples of that is a win for society.
If the people chasing 3 and 4 bedroom apartments accepted smaller rooms, they could still be economical vs studio/1/2 BR apartments and condos.
An abundance of 1/2 bedroom rental apartments would reduce the price of larger places, because there would be lower demand.
I think you are incorrectly missing that many larger units (both 3+ bedroom apartments and houses) are currently filled with singles or couples with roommates who would rather live alone in 1 or 2 bedrooms, but can't due to inadequate supply.
Building 1/2 bedrooms would help those people move out, freeing up larger units for families.
> I fear it's just going to enrich the property management class
The property management class benefits most from the current system with no construction and high rents. Building a bunch of 1/2 bedrooms, triggering lower rents, would cause them to lose money.