New high-rise building to house homeless in $600K units in downtown Los Angeles
When I first heard about the new high-rise building in downtown Los Angeles that is set to house homeless individuals in $600K units, I couldn’t help but feel conflicted. On one hand, I understand the need for providing housing to those in need, especially in a city with such a significant homelessness issue. However, on the other hand, the price tag attached to these units gave me pause.
As someone who works in the hospitality industry, I am aware of the costs associated with construction and development. The average cost per guest room for new hotels is around $560K, which already seems high.… Continue reading
John Q. Hosedrinker