California's future depends on how leaders rebuild after the Los Angeles fires

Re:California's future depends on how leaders rebuild after ... by bilbo0s on Thursday January 16, 2025 @12:52PM (#42728483)

Sure.

And that’s where luxury condos and apartments come in.

There is no scenario where building for less than luxury returns makes sense in these areas. Renting a set square footage for 1500 makes no sense when I can rent the same square footage for 3200.

And that’s at the bottom end.

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Re:California's future depends on how leaders rebuild after ... by whimsicalism on Thursday January 16, 2025 @02:18PM (#42729634)

i find the word 'luxury' not very useful in these discussions. they wouldn't be luxury compared to a SFH in the same area, they would be lowering price.

> Renting a set square footage for 1500 makes no sense when I can rent the same square footage for 3200.

uhhh, except for location?

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