this post was submitted on 20 Mar 2025
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How are they planning to sustain this long-term?
Surely, someone is paying for the difference. Unless I totally missed it from the article 🫣
These places are tiny at 240 square feet. There's not going to be much $$ tied up in them for material and utility costs can't possibly be that hught because the homes are so compact.
If each home cost $40k, which is probably generous, over 30 years that's $111/mo. Internet is probably a commercial line to the site and then a local network type setup. The real question is how much the land cost.
Rent might not cover everything 100%, but it would be close. It wouldn't surprise me if some money from the locality was involved since people living on the streets isn't free and simply providing housing can be a massive first step to getting people reintegrated back into society.
I would estimate their construction cost is closer to $100k CAD than $40k. Maybe somewhere in the middle. Construction costs can be very high for a tiny home, which is what these are. They are built on a trailer.
That's nuts from a construction cost per square foot perspective. In the US at least, you can buy a complete single wide and have it shipped to your location for well under $50k. Building them on site, on footings, seems like it would be even cheaper. I wonder where that cost came from.