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Re:Commercial property deals in the US are starting to pick ... by ugh123 on Thursday February 15, 2024 @12:41AM (#39379516)
Do you mean like capsule hotels in Tokyo?
Re:Commercial property deals in the US are starting to pick ... by keiferski on Thursday February 15, 2024 @01:17AM (#39379687)
It would be really interesting if capsule-style apartments were available in NYC/SF/etc. I would absolutely pay $300-$400 a month for a permanent (not nightly, like they are in Japan) capsule in Lower Manhattan.
Re:Commercial property deals in the US are starting to pick ... by andy_ppp on Thursday February 15, 2024 @02:20AM (#39379978)
Can you show me where you can get a capsule hotel for $10-13 per night? I have not seen this rate, you’d probably be looking as $25 per night minimum probably more. Most actually nice capsule hotels are a tourist attraction and are nearly as expensive as normal hotels.
Re:Commercial property deals in the US are starting to pick ... by keiferski on Thursday February 15, 2024 @02:26AM (#39380008)
I didn’t say it existed, I said it would be nice. I’m comparing it to current overinflated Manhattan housing prices, where a studio is approximately $2000-$3500 depending on the location. It doesn’t seem unreasonable to me that a minimal, efficient capsule residence could get down to $400 a month.

And monthly prices are always lower than hotel-style nightly rates, so that isn’t really relevant either.

Re:Commercial property deals in the US are starting to pick ... by csomar on Thursday February 15, 2024 @03:22AM (#39380305)
Not a capsule hotel but your very own room (also Osaka not Tokyo) $9/night: https://www.booking.com/Share-IONY8u
Re:Commercial property deals in the US are starting to pick ... by ugh123 on Thursday February 15, 2024 @03:57PM (#39388725)
Wow, those rooms are passable for that cheap, although clearly on the grimy side. I don't know how this place keeps from turning into a brothel.
Re:Commercial property deals in the US are starting to pick ... by nox101 on Thursday February 15, 2024 @12:59AM (#39379602)
How about just regular apartments in Tokyo/Seoul/HK? Much much smaller than USA apartments.... Also much much cheaper, at least than NYC/SF/LA.
Re:Commercial property deals in the US are starting to pick ... by andy_ppp on Thursday February 15, 2024 @02:15AM (#39379953)
I think having the option of really small low quality accommodation in big cities is good, but let’s not pretend Tokyo/Seoul/HK aren’t just as expensive per sqft as NYC/SF/LA.
Re:Commercial property deals in the US are starting to pick ... by nox101 on Thursday February 15, 2024 @03:53AM (#39380481)
Checking online, the average price of an apartment in Santa Monica is $55 per square meter. SF is about $53. NYC is $65. Tokyo is about $27, Seoul is $23

So no, Tokyo and Seoul are not "just as expensive". HK is at $52 though so that was a bad choice on my part.

Re:Commercial property deals in the US are starting to pick ... by csomar on Thursday February 15, 2024 @03:24AM (#39380322)
They aren't more expensive. But besides real-estate, they are practical. You don't need a car; and an affordable 24H 7/11 is always downstairs. Also you can stay at the cheapest neighborhood and don't get stabbed; can't guarantee the same in NYC/LA/SF.
Re:Commercial property deals in the US are starting to pick ... by keiferski on Thursday February 15, 2024 @02:27AM (#39380022)
They aren’t as expensive per square foot. Sure, Tokyo apartments tend to be smaller, but they aren’t that much smaller. It’s more an efficient use of space than anything.

Hong Kong also isn’t comparable to Tokyo, and is much more expensive.

I can’t comment on Seoul.

Re:Commercial property deals in the US are starting to pick ... by harha on Thursday February 15, 2024 @02:58AM (#39380199)
Sort of - I’m thinking like a college dorm, it’s probably easier to install shared showers and kitchen (they might even already be there) - rather than individually per unit, along with some other useful shared spaces like libraries.