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Encore Episode: Inclusionary Zoning with Emily Hamilton
UCLA Housing Voice
Cost Complexity: Size Matters
Smaller housing units generally incur higher per square foot costs due to a larger proportion of expensive areas like kitchens and bathrooms. This creates a discrepancy between prices and costs, making it crucial to differentiate between developer costs and consumer prices. While higher prices per square foot can often suggest more expensive living, true affordability must take context into account. For instance, the Bronx may have higher prices per square foot than Westchester County, but the latter offers larger houses for lower prices per square foot, complicating the notion of price as a singular measure of affordability.
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