Move to the big city to live in a capsule

Difficulty in finding cheaper housing means Americans moving to a big city might consider living in a capsule:

Each room contains up to six capsules, which Wilson describes as “cozy.” They contain a single bed, a bar for hanging clothes, a few compartments for storing shoes and other items and an air vent.

By most standards, the accommodation is still not cheap — $750 per month plus taxes. That works out at around $800, which is slightly more than the 26-year-old was paying in Bethlehem, around 70 miles outside Philadelphia…

Cheaper options exist, but UP(st)ART offers a good, central location and modern buildings equipped with a gym, dance classes, recording studio, art workshop and free cleaning and laundry services…

Still, the capsule-living concept is also catching on in other expensive US cities including New York.

The key redeeming feature to these capsule in Los Angeles appears to be that it is located within an artistic community. Capsule inhabitants may not get much in terms of space but they are plugged into a set of like-minded people and have attached facilities they can use.

On the other side, imagine capsules with no community. Would people be willing to rent/occupy those and at what price point? Would it be worth it to have a roughly 31 square foot area for $800 a month in Manhattan? Would the price drop significantly if the capsule was in one of the other boroughs of New York? Or, imagine capsule for people who are not so free to simply pick up and move. Where would you go if you had a spouse? A child?

Both of these could be true:

  1. There is a needed for cheaper housing in many American cities so that young people can get their feet on the ground and start down a path toward adult success.
  2. There might be relatively cheap housing available in many locations, either in smaller cities or neighborhoods beyond the most attractive ones in cities. But, a good number of young adults want to go to the most exciting places such as New York, Los Angeles, Seattle, neighborhoods with lots of millennials such as in Chicago, etc..

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