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California

Auggie

(32,979 posts)

5. What's the incentive if the ROI underperforms ...

Reply to quaint (Reply #4)

Tue Feb 3, 2026, 01:44 PM

Tuesday

compared to stocks, REITs, bitcoin, etc.? No one makes real money on affordable housing. It's a way to streamline plans and permits by placating local politicians and populations.

However, a little affordable housing -- and creative spaces -- are better than none. Especially in California.

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quaint

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Highlight:

24-story Long Beach office tower to become housing [View all] quaint Tuesday OP

Prime real estate BlueWaveNeverEnd Tuesday #1

Well Done! OC375 Tuesday #2

Neat. But not easy to do. And costly. Auggie Tuesday #3

I really, really, wanted you to be mistaken, however, the last paragraph... quaint Tuesday #4

What's the incentive if the ROI underperforms ... Auggie Tuesday #5

Vintage 1991 building should be quake tolerant. Frasier Balzov Tuesday #6

Kinda, maybe. The 1994 Northridge quake deaths spurred tougher regulations. quaint Tuesday #7