Saturday 25 January 2020

Welcome to affordable San Francisco! Here is your $1,000-a-month basement “sleeping pod”

A Kansas developer has a concept for below-market-rate housing in San Francisco, but it isn’t exactly pretty. Helsey Holdings wants to build two apartment buildings with 200-square-foot micro-apartments asking $2,000-per-month and 88 basement “sleeping pods” starting at around $1,000-per-month, according to Fast Company. For context, a one-bedroom unit in San Francisco costs on average about $3,700-per-month. Helsey’s Chris Elsey said the concept was borne from a goal to build the most affordable market-rate building possible



source https://therealdeal.com/2020/01/25/welcome-to-affordable-san-francisco-here-is-your-1000-a-month-basement-sleeping-pod/

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