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Re:90-minute ‘super commutes’ more common as Bay Area housin... by ummonk on Wednesday April 25, 2018 @01:50PM (#16924117)
Even with a massive drop in rents, rents would still more than cover development costs. The limiting factor isn't the cost to construct high density housing units - it's the difficulty of getting permission to build high density housing units.
Re:90-minute ‘super commutes’ more common as Bay Area housin... by timr on Wednesday April 25, 2018 @03:14PM (#16925010)
"Even with a massive drop in rents, rents would still more than cover development costs."

Citation needed. You might also want to tell the construction finance industry of your discovery.

Re:90-minute ‘super commutes’ more common as Bay Area housin... by x3n0ph3n3 on Wednesday April 25, 2018 @02:00PM (#16924236)
The permission (via zoning and permitting) is part of the cost.
Re:90-minute ‘super commutes’ more common as Bay Area housin... by dctoedt on Wednesday April 25, 2018 @02:37PM (#16924611)
> The permission (via zoning and permitting) is part of the cost.

But if the gatekeepers aren't willing to grant permission, then that cost is ∞

Re:90-minute ‘super commutes’ more common as Bay Area housin... by ummonk on Thursday April 26, 2018 @08:14PM (#16937308)
Exactly. We need to make zoning and permitting easier, thereby lowering the cost...