Housing costs have become so expensive in some cities that people are renting bunk beds in a communal home for $1,200 a month. Not a bedroom. A bed.
Given the software/tech-related bent of my news feeds, I see the ridiculous cost of housing in the Valley come up a lot, but I think it’s largely invisible here in the midwest. I’ve posted articles about single bunks in flophouses going for thousands of dollars a month, but now, finally, naturally, there’s someone who has started a bunk-as-a-service company. A “share” allows you to stay in any of their flophouses. At least the CEO seems pretty pragmatic about it, and doesn’t come across as the usual, crazed, psychopathic founder type.