No. This is actually perfectly normal and has been throughout history.
This is a flophouse/hostel/barracks by another name. The concept of these largely predate (modern) capitalism and they are still a very popular model in a lot of high population density cities.
The relative cost and code violations… also just speak to the relative cost of housing. Which is “normal” capitalism.
RaoulDook@lemmy.world 1 year ago
Speaking of the relative cost of housing, you can buy an actual whole house in other parts of the USA for that much a month. That could be a 30-year mortgage payment on a 100k house.
meat_popsicle@sh.itjust.works 1 year ago
In San Francisco/Bay Area that doesn’t even cover a parking space per month.
In the US, the average home price sold was $495k. Where can you find a $100k house that doesn’t need a tear down or complete renovation?
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