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Welcome to affordable San Francisco! Here is your $1,000-a-month basement “sleeping pod”

A Kansas developer has a concept for below-market-rate housing in San Francisco, but it isn’t exactly pretty. Helsey Holdings wants to build two apartment buildings with 200-square-foot micro-apartments asking $ 2,000-per-month and 88 basement “sleeping pods” starting at around $ 1,000-per-month, according to Fast Company. For context, a one-bedroom unit in San Francisco costs on average about $ 3,700-per-month. Helsey’s Chris Elsey said the concept was borne from a goal to build the most affordable market-rate building possible

The Real Deal New York

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