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by jasd 1555 days ago
In the last 2 years condo prices in the Seattle area have stayed flat while everyone is desperate to buy townhomes and single families that are becoming out of reach for most. That makes me wonder if building up will actually fix the issue.
4 comments

That condo prices are staying flat is fantastic news.

Now we just need to build condos that are appropriate for all stages of life -- not just young singlehood and coupledom.

Building up will not solve the "not enough SFH/townhomes" problem, but it will fix the homeownership problem. And it may help with the former, if there are enough current SFH/townhome owners who would prefer a really nice condo close to work/downtown/parks/amenities/etc.

But one issue there is that we currently build condos but don't build the public spaces that serve to supplement them and make them comfortable for, e.g., families with kids. As a result, they're full of a certain demographic, and less appealing to others, reinforcing the issue.

> Now we just need to build condos that are appropriate for all stages of life -- not just young singlehood and coupledom.

Can you share some ideas about what this would look like?

I like what culdesac is trying: https://culdesac.com/

If we could only scale and therefore make this cheaper.

not the original commenter, but I think they said it

> we currently build condos but don't build the public spaces that serve to supplement them and make them comfortable for, e.g., families with kids.

you need

* several bedrooms

* some utility space (for things one would have otherwise done in the garage)

* nearby [safe] parks and playgrounds

* nearby recreation centers

* good schools

etc

I think those already exist, perhaps beyond the utility space, and they don't seem to cut it. I don't think the utility room is the difference maker. I actually think the neighborhood feeling and sense of space are much more important.
You are 100% right that the neighborhood feeling matters, but to be clear, the amenities need to come first.

I grew up in an apartment building that absolutely felt like a neighborhood in itself. There were at least 10 other kids in the 400-unit building my own age. In the local neighborhood (consisting of other apartment buildings) there were easily another 30 kids my age, any of whom I could see in a 5-10 minute walk. Few people owned cars (it was NYC after all!) and the area was quite safe traffic-wise.

I spent countless evenings outside walking or biking along promenades, or just hanging out in parks, playgrounds — all literally steps from my apartment building — and as I got older, in libraries, cafes, restaurants, shops, etc. The building I lived in also had a pool and multiple community “rooms” that were several thousand sqft large, which we reserved for birthday parties and other events.

It was fantastic. There were kids there because the spaces were designed to support families, and the “must have SFH with yard before having kids” attitude among the middle and upper-middle class is pretty weak in NYC, so my neighbors could be similarly-high SES because not all parents immediately flee apartment living for the suburbs.

Today, I live in a Bay Area inner suburb. There are, again, 10 kids my preschooler’s age in the local (couple blocks) neighborhood. But they can’t bike alone (or even walk alone, really) because drivers often hit 50mph and don’t look where they’re going. Each of our back yards — though we have one! — is tiny, much smaller than the community rooms I had growing up, so for any serious physical activity we have to get in the car to drive somewhere, contributing to the “traffic is a problem” problem.

The closest public park is a 4000-square-foot grass triangle in a quiet almost-cul-de-sac that takes 10 minutes to walk to and 30 seconds to walk across. There is a library 5 minutes’ walk away, and it is a saving grace.

If I could transplant the apartment building I grew up in to my local neighborhood, which is about 2 miles square — 100 million sqft — its 16000 residents could be housed in about 16 buildings, each of which would have a 25,000 sqft footprint, totaling 400,000 sqft and leaving 99.6 million square feet for fantastic parks, promenades, playgrounds, schools, trails, open space, basically any use you could imagine. Each apartment could be owned, 2000+ sqft, with private decks/patios/balconies and wonderful views.

If that were available in the Bay Area…we could build them at 2x the density described above and house the next 20 years of newcomers…

TBH, I wonder if a good concept would be the condo/apartment complex with a maker space built-in.

I have a single-family house with a garage, and things like woodworking, painting, or even having a 3-D printer are not necessarily things I want in my utility room or garage. They require special fittings or space levels not available when you're trying to fit around a car.

It would also provide a great central hub for people to meet, because projects are a natural thing to socialize about.

There are plenty of cities worldwide where building up has worked. Regardless, if buying a town home or single-family has become out of reach, it's far better to have /something/ to live in rather than be forced to fight the market for a small box in a high-rise that you still can't afford.
Yeah, most condos in Seattle are in downtown area, and downtown Seattle really went to shit over past few years. Places are closed down, crazy homeless harass you on every intersection, and trash and tents are everywhere. No wonder few want to live there, keeping pressure on prices relatively low.
Most people obviously want a family home, but it would be an improvent if they actually have an alternative.