City of LA had access to government-owned land, fairly large pool of labor and probably some bulk discounts on building materials. Yet after you add consultants, construction unions and other well-connected entities jumping onto the gravy train, average unit ended up above $600k, way above an average "for-profit" luxury condo in LA
https://www.bloomberg.com/news/articles/2022-02-23/la-paying...
You cannot possibly imagine the pain and frustration of building for inner-city urban development government organizations. They exist to perpetuate the problems that perpetuate their existence. The worse things get, the more funding they get.
What evidence is there that the housing crisis is caused by profiteering in the construction industry? Are construction margins significantly fatter in california/US than other developed countries? What's preventing new entrants from setting up their own construction companies and undercutting the incumbents?
What ordinary apartment could house populations like this? Since California desires no undocumented slums, as found commonly on a large scale in the South Americas, someone has to build something.
The real danger is similar to totally crooked locals like Phil Tagami in Oakland, who has a "housing project" that has been going for TWELVE YEARS without building anything, nothing. Other crooked people involved, depending on how you define it. If this money results in actual buildings that can handle the intended crowds, that are not prisons, that is progress here.
I reject your use of the word "stereotype" here but if it applies it is clear you're using it with extreme prejudice. Although it is kind of hilarious to see essentially don't stereotype drug users, who will all kill themselves with drugs if given the chance. Which of course is a position that is neatly and compactly contradictory.
If you watch the movie, please tell others about it!
"Papillon is a 2017 drama film directed by Michael Noer that tells the story of French convict Henri Charrière (Charlie Hunnam), nicknamed Papillon ("butterfly"), who was falsely imprisoned in the notorious Devil's Island penal colony and escaped in 1941 with the help of convicted counterfeiter Louis Dega (Rami Malek). Additionally, Papillon is a 1973 epic historical drama prison film directed by Franklin J. Schaffner and based on Henri Charrière’s 1969 autobiography"