eagleinparadise
an hour ago
As someone who works in commercial real estate, involved in about $300M of housing development, some of it affordable, i will say without any doubt that driverless cars are a very effective affordable housing policy that is not being considered or discussed by anyone.
Any public dollar that gets contributed to housing, basically adds a 50% cost factor and assume whatever it is used for will take 2-3x as long to deliver anything you can live in.
So instead, Cities should lease Waymos (or other brands), and provide these vehicles for use by affordable tenants in properties with limited parking.
Building housing with no parking is not feasible for 95% of deals. You simply won't get financing or you'll end up handing the keys back to the lender and bankrupt on the deal. Instead, if you could hand to your investors and lender an agreement which provides a car for every 3 units, that tenants have first priority to use for free (or an amount subsidized per month) up to reasonable limits, then you'd address the concern "where are people going to park and how to get to work?".
it's way more efficient than building $100 billion in transit that will take 200 years to build.
What's it cost per year to lease? $30k? That car can be full time serving 4-10 units daily? The cars can be rented to the public on off hours to offset their operating cost.
It's a lot more cost efficient and can be done TODAY, not 5 years after complicated LIHTC financing with 4 layers of other public funding, 3 years of approvals, and 2 years of construction.
rawgabbit
2 minutes ago
[delayed]
dinobones
17 minutes ago
Here's another idea:
The places where people want to live have no land or archaic zoning laws.
I wouldn't want to live two hours away, but if I could sleep/work during my commute, and pay $400/month for it, I might do it. My housing costs would be like less than a third of living in the metro where I work.
Supercommuting becomes slightly more palatable.
eagleinparadise
10 minutes ago
Why should a tax payer in Dallas pay for your [affordable] transportation from the outskirts of Houston or OK to commute to Dallas?
tax payer sources needs to be allocated to a project that can be administered, tracked, and iterated on.
Plus the public should pay for services servicing more people than less, which your idea services a small population.
bitpush
4 minutes ago
Perhaps I'm understanding things wrong, but isnt the idea of taxes for public good and some / all of it might never reach you?
I pay for taxes that help run schools, and it is an good setup even if I dont have any kids.
PsylentKnight
an hour ago
As someone who knows anything about Texas cities, I assure you that parking space is not an issue in Dallas
eagleinparadise
9 minutes ago
yes it is. it's still a cost.
but anyways, texas does not have the same cost of living issue as other metros like most of CA. that's up to local jurisdictions to do this. just like any city can build rail or bus.
strulovich
39 minutes ago
Aren’t Waymo prices above Uber’s? That’s what I’ve seen in SF.
That is to say that I don’t think the economics work. You’re better off offering free Ubers. And I doubt that will solve many issues.
jdm2212
15 minutes ago
Waymo charges more than Uber to supply constraints, not bad unit economics. People (like me) are willing to pay extra for the product Waymo offers, and Waymo is itself supply constrained and has no direct competitors offering driverless rides, so they get to do a bit of monopoly pricing.
SoftTalker
an hour ago
I'd go further and say that in most smaller cities that try to run a bus service but just don't have the ridership to support adequate service they would be better off just subsidizing Ubers or Waymos or whatever is available. Pare down the bus service to only the heavily used routes and run them way more often.
infecto
an hour ago
100%. Most bus routes are terribly expensive to run, multiple drivers, benefits and then the physical equipment. It would be interesting if you could work out a subsidy program for low income riders.
runarberg
25 minutes ago
This is already the case. A lot of transit agencies have a vanpools, rideshares, and ridehales for their low frequency areas. I used one recently in Tacoma because my ferry was late and the bus from the ferry arrives only ones an hour.
I will say it was super nice. However, I would prefer a regular and a direct bus any day. Being able to just walk into a bus, scan my transit card and get on with my day is a much preferable experience then to order a ridehail via an app.
So if a transit agency can just increase their bus frequency, they should. They should not however pass the limited funds they do have over to a private company.
SoftTalker
4 minutes ago
Last I checked, buses, related infrastructure, and fuel are all made by private companies
cyberax
an hour ago
Self-driving cars will kill off your kind of real estate developers once and for all. Because there is no such thing as "affordable housing".
All housing on the market is by definition "affordable". If someone buys it, then somebody can afford it. The proper term is _subsidized_ housing.
Anything subsidized is destructive in the long run.
Fortunately, self-driving cars and mild carpooling (3-4 people per car) will eliminate road congestion and allow comfortable suburban living while still having access to the dense city cores. And mild carpooling does not have the main disadvantage of transit: turtle-slow average speed.
eagleinparadise
3 minutes ago
I actually hate the term affordable housing because you're right, its not affordable. The wood, concrete, roof, and mechanical system costs about the same all things considered whether you're renting for $5k/mo or $500/mo. I make the same point it should be called subsidized housing too.
ajmurmann
42 minutes ago
How do self-driving cars reduce congestion? Don't they increase it because of empty riders between customers? I'm with you though on getting up parking space in high land value areas
robomartin
15 minutes ago
> How do self-driving cars reduce congestion?
At what scale? As a non-trivial percentage of road traffic they can reduce congestion in a million different way. For example, predictive and cooperative route planning (you know what the road looks like 0 to N Km ahead and plan accordingly.
The other one is one of the most frustrating things humans do while driving: Slow down while going uphill. Where I live, except of accidents, this is probably the #1 source of traffic jams on the highway. I don't know what it is with some people (and it doesn't take but a few to cause a mess). Are they not paying attention? It's a chain reaction, once a few cars slow down, traffic coming up at speed log-jams behind them. And, of course, because in the US (or, at least, in CA) nobody has the courtesy to move over the right if they want to go slow, you easily end-up with 4 to 6 lanes of perfectly good highway absolutely jammed. Once over the crest every seems to drive like Max Verstappen. It's both tragic and hilarious to observe.
So, yeah, self-driving cars --at scale-- can absolutely reduce congestion by driving far more intelligently than most humans do.
That said, at a scale that approximates a rounding error they probably can't materially affect traffic.
randomblock1
an hour ago
By your definition a Lamborghini is affordable, because someone can afford it. I don't think that holds up.
panick21_
an hour ago
> Any public dollar that gets contributed to housing
... in the US
> Building housing with no parking is not feasible for 95% of deals. You simply won't get financing
Because of completely broken land use, transportation polices, building regulation in the US, they are very feasible in many other parts of the world.
> if you could hand to your investors and lender an agreement which provides a car for every 3 units
Or some kind of vehicle that comes by every 15min and connects to a network of other transports that are time interval based.
Or have car share vehicles attached to the property. Something that is routinely done in Europe for decades.
> it's way more efficient than building $100 billion in transit that will take 200 years to build.
Except it doesn't last that long and is not that expensive unless you are incompetent and live in a broken society.
Cities in China added 100s of miles of metro since 2010. Making bad excuses and doubling down on car dependency are a big part on why its not happening.
And btw. the US has so many fucking roads already (btw they are also very expensive, but I guess that money doesn't count), if the were competent they could spend 6 month and few 100 million and build absolutely amazing bus transit system. But of course taking a lane away from cars wouldn't be acceptable, better give money to waymo so people can sit in traffic in a Waymo vehicle.
It is not about cost, its about political will and the societal believe that public transit is for the unwashed poor and racially inferiors, spending money on it is charity, not transportation policy, and that any upstanding citizen in a car needs to have unlimited freedom to drive everywhere and never get into trouble.
> That car can be full time serving 4-10 units daily?
This has been done for many decades with carsharing already, its standard practice in many developments. What exactly does Waymo or self driving change here from an investor perspective? Ok maybe if its really close buy the Waymo can go back when you don't need it anymore. So maybe you need half as many. But of course the Waymo vehicle is also much more expensive and has capacity you don't need.
But of course, even with that carsharing concept, the far better solution that almost everybody in the developed world does, outside the US, is to simply have good public transport, you build it first, and then build the new housing around those transport links. Car sharing is only for very niche situations and that's a good thing, because more cars in cities are bad.
s1artibartfast
17 minutes ago
People don't car share in the US, and don't want to.
Building arrangements that would rely on them are mostly illegal anyways.
Allowing driverless cars to serve buildings without parking would be a huge step forward for those reasons alone.
For what it's worth, it's mostly illegal to build a housing that's the only served by buses too.
Last, the US has passed the point where it has the cheap labor and government competency for mass transit. Faster to do something now than wait for a new government or robotics that can replace all the construction workers and designers
paulddraper
an hour ago
> ... in the US
Dallas in the United States.
oblio
an hour ago
America, the place where they will try anything except for building good public transportation, walkable and bikeable neighborhoods.
ssl-3
an hour ago
It's important to understand the history, wherein:
There was a time when we had all of those things that you mention. But cars quite clearly won; the others lost.
Towns and cities then continued to grow. They did this in car-centric ways because that fit the transportation style of the time.
And now, it is stuck this way.
eagleinparadise
an hour ago
i know multiple developers with public dollars to build housing $800k-$1.2M per unit. so i don't know, maybe come up with a better solution I'd be happy to hear your idea that is realistic and will deliver more units at a lower cost.
theappsecguy
an hour ago
Have you tried "building good public transportation, walkable and bikeable neighborhoods"?
s1artibartfast
an hour ago
Buyers aren't willing to pay for it. Its not really up to the developers anyways.
nixass
an hour ago
You seem braggy too much
Barbing
an hour ago
Eh, the more details they’re willing to reveal the better. It’s probably their reality.
Analemma_
an hour ago
I get what you're saying, but in this particular case we're talking about Texas. The people down there think that bike lanes and walkable neighborhoods are a plot to send in UN soldiers who will forcibly vaccinate them with 5G nanobots. I'm only slightly exaggerating.
Lammy
an hour ago
> provide these vehicles for use by affordable tenants in properties with limited parking
Translation: Poors are allowed to exercise their freedom of movement iff they stay in a huge corpo's good graces.
s1artibartfast
10 minutes ago
Solves one of the big problems with public transportation.
If waymo is willing to ban people for shitting or smoking meth in their shared cars, that's purely and advantage over government run transportation
filoleg
an hour ago
> Translation: Poors are allowed to exercise their freedom of movement iff they stay in a huge corpo's good graces.
Would it placate you, if we did it for non-poors instead then?
I am a non-poor, and I would like a free/subsidized waymo with priority mode set for sharing with my neighbors. My belief is that it would help the poors more than me, but if doing so is oppressive or freedom-restricting or smth like that, I would gladly take that burden off their hands.
Lammy
an hour ago
The point is that some people have other options. Personally I will always choose to go where I want, when I want, in the privacy of my own vehicle. Even if Waymo were completely free I'd still choose those things, and I am thankful I have the option to choose.
filoleg
7 minutes ago
Good for you, and I fully respect other people making choices like that. I don't believe that you should be forced into a situation that makes you use waymo despite your wishes, and I believe that you should be able to opt out (in case you want to).
Back to the topic, why should I not be allowed a choice of having a subsidized/free waymo that prioritizes me and my neighbors (given I would be participating in this fully out of my own volition)?
If I am allowed to make that choice, do you believe that poors should have access to the same service and be allowed to make the same choices as non-poors in that regard? If no, then why not?
s1artibartfast
an hour ago
Would you rather have that or be living on the street? Maybe let people without housing have that choice
Lammy
an hour ago
Yes those are definitely the only two possibilities.
eagleinparadise
an hour ago
"huge corpos" - obviously you don't know what you're talking about. Most affordable housing is owned and operated by non-profit organizations or entities, most of which are very small.
plus, the government needs to solve for affordable and workforce housing. The market can deliver plenty of market rate units if you don't be stupid and over regulate it.
Lammy
an hour ago
> "huge corpos" - obviously you don't know what you're talking about.
https://www.sec.gov/Archives/edgar/data/1652044/000165204426...
Total liabilities and stockholders’ equity: $595281000000.
How big to they have to be before they count as ‘big’ to you? In your ideal world, getting your Google account banned not only means losing all your photos, documents, contacts, conversations, and access to all your other accounts (GMail) but now also means you can't go anywhere besides what you can reach on foot, via whatever anemic local transit exists, or via similarly-expensive Uber/etc. Super cool; sign me up.