Why is that cynical/implying this is bad? IMO We need more tenements. Someone making 50k/year working in a central city should be able to chose if they want a bigger unit and a commute, or a bed to crash in and a walk to work. There is a huge and underserved demand for these by for example grad students, recent college graduates, consultants/long distance commuters (ex, live in Oregon fri - Sunday, fly to SF and work mon - thurs)