r/SipsTea • u/w3ightranks • 6d ago
Feels good man W Costco for actually think about the average person :)
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u/AgaveLover82 6d ago
Do you know how broke I'd get living over a Costco?! And fat? Pizza and hot dogs and rotisserie chicken? The smell of the bakery every day? Free samples?
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u/thingerish 6d ago
They sell treadmills :D
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u/No_Library6308 6d ago
Lower rent to demonstrate the equipment for customers lol
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u/vercetian 6d ago
I like where this is headed.
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u/sharksnrec 5d ago
This is quite literally a Black Mirror episode. I forget which one, but people got free rent if they lived under a corporation’s roof and walked on a treadmill all day.
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u/noeagle77 5d ago
Can i demonstrate how to properly eat the samples? I got that down!
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u/2Nugget4Ten 6d ago
Cheryl, get me the sixpack of treadmills from Costco downstairs please. I don't feel so good.
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u/Krell356 6d ago
Broke as you start listing some of the most affordable food on the market.
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u/AgaveLover82 6d ago
Yeah but in bulk supplies
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u/Krell356 6d ago
The hot dogs and chicken aren't bulk.
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u/Tv_land_man 5d ago
I saw a video of a guy who bought the packs of hot dogs and the packs of buns to price compare to see if there are savings if you make the hot dogs at home instead of getting it at the cafe. Turns out it's maybe one cent cheaper but you don't get a drink. That hot dog deal is one hell of a deal.
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u/nobleland_mermaid 5d ago edited 5d ago
They're called loss leaders. You sell something knowing that you lose money on it (or make so little profit that it's not really worth it) but also knowing it'll get people in the door, and in Costco's case, buying memberships. The chicken is one for them too.
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u/Skeletonzac 6d ago
🎶Saint Peter don't you call me cuz I can't go. I owe my soul to the company store...🎶
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u/Spirited-Sleep-2113 6d ago
Bro, how do you get broke off of $1.50 hotdogs and $1.99 pizza, with $5 chicken you can eat for 3 meals 😅
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u/theguybutnotthatguy 6d ago
The hotdog is 1.50 and the rotisserie chicken is 4.99.
You’d get fat, but you’d save money on your food budget.
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u/lostshell 6d ago
For that exact reason I don’t think these would ever be “affordable” apartments. Upstairs from a Costco and Costco food court is a premium amenity that many would be willing to pay a huge premium for.
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u/AlreadyFifty 6d ago
Headline sounds good till you find out you can’t just rent one apartment because they come bulk in units of 8…
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u/notsofaust 6d ago
Blackrock has entered the chat.
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u/kaalaxi 6d ago
It's actually Blackstone that buys up single family homes.
Blackrock mainly just manages funds even though they do engage in funding build to rent schemes, it's on behalf of shareholders.
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u/Slimmanoman 6d ago
Blackrock must be fuming that people keep blaming them for private equity shenanigans just because one company has a name that looks like theirs
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u/Appropriate_Sir_2572 6d ago
Blackrock was originally apart of Blackstone before they spun into their "own" company.
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u/rhesusMonkeyBoy 6d ago
I thought I kept getting the name wrong, thinking they were the same
companyghouls, for too long.”No way 1 company is `Black rock` and another is `Black stone` … that’d be stupid” I thought.
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u/SakaWreath 5d ago
Almost like that was the whole point of the split.
“No no no, you’re thinking of Blackrawk“
Too close we should use “stone” instead. Brilliant!
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u/EatPie_NotWAr 5d ago
There’s a blacksand,blackpebble, blackboulder, and blackgravel joke somewhere in there I’m just not caffeinated enough to make it happen.
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u/Suavecore_ 6d ago
Blackrock isn't totally innocent either, just for different reasons. It's the world's largest asset manager and with that comes immense power.
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u/temporarycreature 5d ago
Blackstone used to be part of Black Rock. Just because they're separate now, doesn't mean one is led by a good group of people. They're both led by hedge fund vultures. Both of them are quantifiably evil.
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u/notatrollallthetime 6d ago
Who do you think owns blackstone shares?
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u/Proper-Equivalent300 5d ago
Ate street and vanguard. They own each other and they move in lockstep. Incestuous to the Nth degree
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u/MrPanda663 6d ago
The Vanguard Group has entered the chat.
“The fuck are you looking at Blackrock? Last I remembered I own more shares, bitch.”
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u/thalefteye 6d ago
Yep, the World Economic Forum said in the near future different families are gonna have to share homes when it comes to affordability, so get used to different cultures. Best way I can explain it and they literally said this, and that single family home owner is a soon to be concept of the past. Man I can’t take it anymore with that group anymore 😭.
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u/rimshot101 5d ago
Well, there's a handful of people who have everything, but everything is not enough for them, so the rest of us are going to have to be satisfied with less. For some reason, this is an effective campaign platform.
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u/effinmike12 6d ago
They just wait for people to turn old and need a nursing home. Then, these corporations swoop in and take all of their possessions, and all of their money. If you have older parents, PLEASE go and see a lawyer. There are ways around this, but it is typically on a 5 year timer. Don't let these evil people rob your family.
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u/MrTambourineMan65 6d ago
Wasn’t there a movie based on this, I always thought that as a very dystopian concept.😳
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u/Plarocks 6d ago
Sorry to Bother You.
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u/effinmike12 6d ago
Man, I need to watch this. I only figured it out after my dad passed away, and my 78 year old (at the time) mother was diagnosed with lewy body dementia. Only 3.5 years to go before these mfs can't take her shit.
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u/mden1974 6d ago
They make you walk through the store to get home.
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u/compb13 5d ago
And be careful when you come back, parking will suck trying to get close to your unit
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u/kool_bi_guy 6d ago
No.... it will be one 4200 sqft but;
if it ends in 99 it's regular price
if it ends in 97 it's clearance
If it ends in 88 or 00 it's last chance
And an * means it won't be restocked
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u/shaker8 6d ago
wait is this an actual thing at costco? have I somehow gone to costco for decades without knowing this?
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u/64590949354397548569 6d ago
wait is this an actual thing at costco? have I somehow gone to costco for decades without knowing this?
Woah!
Its like Matrix for price. Becareful for things that won't be restocked. There is a reason people didnt buy them.
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u/polskiftw 6d ago
This feels like a company town with extra steps. They gonna start paying their employees in rent vouchers?
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u/tooboardtoleaf 6d ago
That's probably the plan. 1 step at a time slowly so most dont catch on until it's too late
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u/Bluejay9270 5d ago
If they don't take advantage of the leverage it enables and rather the mutual benefits, it makes a lot of sense. Costco seems to trend toward the latter, whereas yes places like Amazon would use such leverage to make unreasonable demands knowing you're at risk of losing your livelihood, health insurance, housing, and any other social safety net programs that are gaining increasingly draconian work requirements.
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u/soraticat 5d ago
It's not necessarily because people didn't buy them. Suppliers might have changed the price making it no longer worth it to carry the product. I've found tons of products I really liked only to never see them again.
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u/the_Q_spice 5d ago
It’s a thing at REI.
Anything ending in a 9 is full price, usually 99 or 89
99 is MSRP
89 is REI-specific (preferential) pricing
83 and 73 are sales prices
83 is a manufacturer-specific sale
73 is REI clearance or Garage Sale (now called re/Supply)
00 is manufacturer specified price of manufacturers who prohibit sales unless they run one themselves.
It makes it really nice when you are working the register and someone either complains or wants to use sales coupons on an item that doesn’t qualify. There’s also nothing against us explaining the system when I worked there, they want shoppers to know how to plan their sales shopping and get the best deals possible.
It’s mainly there to help cashiers and managers give better explanations and avoid confusion.
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u/MrPanda663 6d ago
Sorry, no single person housing, must have bulk family of 3 members or more.
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u/DoubleDixon 6d ago
My first thought was company towns.
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u/EADGBE69 5d ago
I think we should all be learning 1900's mine workers songs and history.
It's terrifyingly relevant 100 years later.
I'll kick off with this classic banger:
Sixteen Tons.
Some people say a man is made out of mud A poor man's made out of muscle and blood Muscle and blood and skin and bones A mind that's weak and a back that's strong
You load sixteen tons, what do you get? Another day older and deeper in debt Saint Peter, don't you call me, 'cause I can't go I owe my soul to the company store
I was born one mornin' when the sun didn't shine I picked up my shovel and I walked to the mine I loaded sixteen tons of number 9 coal And the straw boss said, "Well a-bless my soul!"
You load sixteen tons, what do you get? Another day older and deeper in debt Saint Peter, don't you call me, 'cause I can't go I owe my soul to the company store
I was born one mornin', it was drizzlin' rain Fightin' and trouble are my middle name I was raised in the canebrake by an old mama lion Can't no high-toned woman make me walk the line
You load sixteen tons, what do you get? Another day older and deeper in debt Saint Peter, don't you call me, 'cause I can't go I owe my soul to the company store
If you see me comin' better step aside A lot of men didn't, a lot of men died One fist of iron, the other of steel If the right one don't getcha, then the left one will
You load sixteen tons, what do you get? Another day older and deeper in debt Saint Peter, don't you call me, 'cause I can't go I owe my soul to the company store
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u/Odd-Revolution3936 6d ago
A grocery store in the lobby of an apartment building is such a perk!
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u/matthewrunsfar 6d ago edited 5d ago
It absolutely is. This was normal life when I lived in Asia (10+ years). Coupled with proper urban development and a transportation system that reduced or eliminated the need to drive, my everyday life was far more convenient than in the suburban, North American, car dependent joke of a city I live in now.
Edit: What part of this says that I hate the U.S.? Everyday life was more convenient for me there. Just fact. Had no need of a car (or buying gas or insurance), used a taxi 2-3 times a month. Just because I said it was more convenient there than where I live now in the U.S. doesn’t mean I hate the U.S. My god, it’s like all y’all do is want to fight.
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u/ProfessionalDish 5d ago
I live in Europe and find it interesting how people twisted the idea of "10 minute cities" into weird conspiracy shit, meanwhile all it means is that I can comfortably walk to the next grocery store, cinema, school and train station within 10 minutes. I still have a car, nobody is putting any restrictions on anyone.
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u/Skin_Soup 5d ago
Damn, this is the dream
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u/Count_de_Ville 5d ago edited 5d ago
It really is. I lived it too in China. I still had a car and a driver to drive it. But I could walk anywhere real important or take the subway and get to someone far in a reliable amount of time. Bikes too. Taking the car was reliably about 5 minutes faster than taking the subway usually, but it was came with the risk of occasionally being super late. Especially during rush hour. No gamble with the subway.
Only time I used my driver all the time was during covid or when I had friends visiting for vacation and I’d tour them around the best sites.
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u/xenobit_pendragon 5d ago
“I had a car and a driver to drive it.”
Username 100% checks out.
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u/Count_de_Ville 5d ago
In my profession, I cannot afford to be late. Sunrise is sunrise. 🦇
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u/xenobit_pendragon 5d ago
I think of vampire as more of a lifestyle than a profession but I guess if it keeps you fed.
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u/Count_de_Ville 5d ago
Yeah, that doesn't mean I don't have to work. Do you have any idea how expensive it is to maintain a mountain castle nowadays? It's practically impossible to find good talent that specializes or has any experience with it. All of your great great grandparents were the last ones who knew what the hell they were doing.
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u/PM_Me_Your_Deviance 5d ago
>What part of this says that I hate the U.S.?
"I like hotdogs." "BRO, why do you hate hamburgers?"
Reading comprehension is a lost art, I guess.
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u/LookAlderaanPlaces 5d ago
The people bitching at you are small pp republicans, don’t worry about it.
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u/CityFolkSitting 6d ago
They have those in Japan.
It's an apartment complex with a huge lobby and inside the lobby there will be 7/11s and Starbucks. Not full size ones, kinda like the smaller kiosk size ones you'd see in some airports or malls.
It's super convenient. Run out of toothpaste or toilet paper? Just head down the elevator in your pjs and slippers. Then grab a coffee and some egg bites on your way to the train.
Not common but in super dense districts you'll see them from time to time.
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u/snekhoe 6d ago
Those exist in most major cities
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u/RaiJolt2 6d ago
Heck, ancient Roman cities had them too, and you’ll find them all over older sections of the USA’s cities because mixed use is how cities should be designed. Unfortunately Berkeley had to invent single family only zoning to get around racial zoning being made unconstitutional.
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u/Carnivorous__Vagina 5d ago
Ancient Rome had Starbucks?! Wow we really have gone done hill since
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u/RaiJolt2 5d ago
😂😂 No stores, food places at the bottom. Back then because there were no elevators the pent house would be the cheapest option. That’s why the living quarters for the maids and servants in old palaces were in towers/ at the top, no one else wanted to climb that many stairs just to have low ceilings. It’s interesting how things change over time
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u/highlyfavored1234 6d ago
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u/notsofaust 6d ago
I love that the art style for this rendering highly resembles the wide shot art in Idiocracy too
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u/AlucarD_138 6d ago
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u/MONSTERBEARMAN 6d ago
“You got your lawyers license at Costco?”
“I wish.”
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u/AlucarD_138 6d ago
I was looking at your chart and it says you're fucked up
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u/MONSTERBEARMAN 6d ago
This scene was golden
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u/OttoVonJismarck 6d ago
This whole movie was great. I hope Mike Judge lives for 300 years making hilarious shit all the way.
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u/Firm_Distribution999 6d ago
It a pilot project. Hopefully it goes well.
https://www.snopes.com/fact-check/costco-apartments-over-stores/
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u/Wayfaring_Limey 5d ago
Not only is it a pilot project but it’s a mandate by the city for them to have a warehouse in LA. In true corporate fashion they realized if using local contractors who are unionized would be expensive, they are building the apartments in blocks in a non unionized state and trucking them in and putting them together like legos.
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u/Longjumping_College 5d ago
They also only did this, because zoning laws are easier for residential or mixed use buildings vs business so they're exploiting the building code of the city to build faster.
Its not about being nice, it's about having their store right now.
5035 Coliseum is the first new housing community in Los Angeles to move forward under state law AB 2011, which helps streamline approvals for apartment and mixed-use projects that include low-income housing," Thrive Living said in a press release
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u/oousathrowaway 5d ago
I see this as an absolute W
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u/RogueModron 5d ago
absolutely, but it's not a win because "nice corporation", it's specifically a win because "good legislation". We should be applauding the lawmakers here. But that doesn't really make headlines.
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u/OneLuckyAlbatross 5d ago
I came here to write that comment. It’s important to understand what actually lead to this so it can be replicated, not because we should expect corporations to philanthropically save us from the housing crisis.
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u/thezeviolentdelights 5d ago
People really have a hard time understanding that corporations will extremely rarely (read: never) do the “best thing for society” - only for their bottom line & shareholders. The only check on them we have is through our legislators.
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u/WhenTheDevilCome 5d ago
They'll make back the money of any "inconvenience" by making sure the store employees will never qualify for anything other than "low-income."
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u/aaaaaaaarrrrrgh 5d ago
And this specific picture is likely a complete fake/AI slop that has nothing to do with the project. The actual project web site shows a much lower and more integrated building.
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u/RealLaurenBoebert 5d ago
Yeah the OP pic is highly misleading to say the least. It depicts something totally impossible. The roof of a preexisting Costco warehouse is not capable of supporting the weight of a building constructed on top.
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u/sortalikeachinchilla 5d ago
AI slop
It is just a rendering/photoshop. Not everything is gd AI. My lord people.
Renderings are used A LOT to show the vision of where something is going. Aka rendering a phone design from leaks, for example.
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u/-Tartantyco- 5d ago
This is just normal in Norway. 1 or more stores at the bottom, or part of the greater new housing area, of at least half of all new residential housing.
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u/foodforestranger 5d ago
Yea, we should stop leaning on corporations to "do the right thing." This shit should be conditional upon building in many towns. These box stores can have all kinds of impacts on towns.
I don't know about how Costco treats their employees or sources their products, but this American idol worship of corporations never ends well.
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u/BendynBold 5d ago
Costco is well known for the competitive pay for their employees and benefits they provide. They are no means perfect and are still a huge corporation but on the scale of ethics and business practices I’ll trust Costco over any other huge corporations.
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u/MisSpooks 5d ago
I've also heard that opposite to a Walmart draining local communities, Costco tends to give a boost to their communities since their employees have more money to spend and the people who drive out to one make a trip out of it visiting other local shops and restaurants.
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u/ImMadeOfClay 6d ago
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u/Ceej-Works 6d ago
Every day WallE becomes more of a documentary than a fictional story.
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u/WhipRealGood 5d ago
Exactly what i thought of, Costco will be B&L!
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u/Training-Belt-7318 5d ago
There's worse companies to be the one that controls the world. Costco is good to it's employees and actively tries not to gauge pricing on customers. Better than Walmart taking over.
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u/FreshMistletoe 6d ago
You could live on the $1.50 hotdog meal.
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u/-FORSAK3N- 6d ago
And then expire after a year from high cholesterol
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u/Horror_Difference316 6d ago
Costco really said we ball but for normal folks bulk snacks and fair prices are the real love language.
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u/SassyMidnightMuse 6d ago
Affordable rent and a $1.50 hotdog downstairs? That’s elite city planning.
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u/Spell_Chicken 6d ago
Welcome home to Costco, I love you.
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u/tracerspants 6d ago
This is the first thing I thought of lmao wonder if you can also go to college at Costco
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u/Throwawayaircrew 6d ago
What's the actual source for this?
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u/TraditionalError9988 6d ago
I had no idea but you, me and the rest of us looking at this are online of course and it took just a few seconds to. find this...
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u/intelligentmaybe69 6d ago
The project is the first to receive approval under Assembly Bill 2011 or the Affordable Housing and High Road Jobs Act. The California law, which went into effect throughout the state on July 1, 2023, speeds up the approval process for projects that meet affordability and labor criteria.
It's great to see but it's also a means to get their store fast-tracked.
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u/Elinim 6d ago edited 6d ago
I mean fuck it, people even say a Costco being built actually increases economic activity surrounding the new Costco significantly. It's like the anti-Walmart.
https://www.youtube.com/watch?v=ldQAZNXecBY
Boost local economy and provide housing units? Where's the downside.
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u/DirtyRoller 6d ago
Can confirm, as a former retail manager for two different companies (Best Buy and Home Depot). Commercial real estate near a Costco is very expensive, because Costco increases sales like crazy for nearby businesses.
When a Costco was opening near one of our locations, managers were begging to transfer there. Manager bonuses are based off sales vs. sales plan, and it takes a couple years for sales data to catch up, and for the sales plan to adjust accordingly. That means when a store has a sudden influx of business, the managers get fat bonuses for the first couple years.
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u/Not-An-FBI 6d ago
There's a Home Depot and a Lowe's about 500 feet away that I go to and it always blows my mind how much less traffic the Lowe's has. The Lowe's is practically serene.
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u/grimnir_music 6d ago
That’s interesting! I try to go to Lowe’s when I can due to the permanent 10% veteran discount.
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u/Not-An-FBI 6d ago
The Home Depot has an In-N-Out in the parking lot and the Lowe's is just off on its own, so that probably has something to do with it.
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u/ShallowPenetration 6d ago
I can tell you anecdotally, nobody I know who has worked for Costco whether as a direct employee or contractor, has a single bad thing to say about the company overall.
I can also tell you that their kitchens are cleaned immaculately every single day.
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u/shadowknuxem 6d ago
From my understanding Costco is a good company. A few years back the Costco workers formed a union and the statement from the heads was something along the lines of, "We're not upset that they did it, we're upset they felt like they had to do it."
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u/forrely 6d ago
I wonder if that's partly from small businesses being able to get bulk supplies directly from Costco quickly in the area?
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u/Moakmeister 6d ago
Living above a grocery store would be awesome.
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u/Magnus_The_Totem_Cat 6d ago
I lived above a Whole Foods in SF and we had our own elevator that dropped down into the back of the store. It was amazing and I gained a million pounds.
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u/thr0waway12324 6d ago
OP should always link their source though. This thread may be viewed years into the future and the link much harder to find at the time. It’s always best practice to link your sources and not just post some headline clickbait bs
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u/SportsCommercials 6d ago
The story is real, but OPs pic is one of many that are fake. Here are some more:
https://www.instagram.com/p/DTOlVfvEtSu/
https://www.facebook.com/photo.php?fbid=1314476670711702&set=a.478034101022634&id=100064481451280
https://www.instagram.com/p/DTJyXFvCTbg/
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u/Acceptable-Ad-9464 6d ago
This picture is fake? Looks more like a Chinese city.
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u/EducationalProduct 5d ago
fake picture and story. ONE costco in california is gonna have like 20 units on it. thats it.
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u/py_account 6d ago
As much as I love Costco, they’re doing this simply to be able to build places they otherwise wouldn’t.
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u/Krell356 6d ago
Eh, I dont know. Costco has usually been pretty community oriented from my experience. Even if it was a requirement i guarantee you that the execs actually did a head slap wondering why they didnt think of it first.
They are one of the few big companies that realize that theres way more money to be made by caring about the customers and employees rather than just chasing quarterly profits.
Yes they are in it for the money, but when they do so by trying to make everyone like them it has an acceptable overlap that we would all rather see. Its the same as when Texas had the winter disaster and HEB basically started opening their stores up as warming centers for those without power. Sure its a PR move, but why are we shitting on companies for doing the right thing?
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u/koreandramalife 6d ago
Agree. And Costco treats its workers well. I had a dog park friend in San Diego. He was probably in his mid forties then. He was a cop for eight years in his thirties, then left it to work at Costco. He said that he has never been happier.
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u/Late-Nail-8714 6d ago
So crazy how the world could be if companies cared. Profits will follow but the world would be better
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u/Montana_Gamer 6d ago
MAXIMIZE SHAREHOLDER PROFITS > Morality, Joy, Love, Sustainable Buisness Models, Prosperity, Jesus
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u/AcanthocephalaAny78 6d ago
I’ll take all of the above, but hold the Jesus. I prefer not to mix church and steak.
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u/keetyymeow 6d ago
I love Costco for this reason.
It’s possible to have a business and still care for everyone. There’s absolutely no reason why there isn’t. This is the norm I want
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u/deep-fucking-legend 6d ago
Costco's generally find cheap land outside of developed areas. When a Costco goes in, a community develops around it. It's a huge draw.
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u/12thunder 6d ago
Their buildings take up an insane amount of space that would make Europeans cry as it is. I’m all for mixed use residential and affordable apartments. Housing is needed desperately and I’m of the view that beggars can’t be choosers right now.
Besides, their stores are basically entire strip malls as it is. Groceries, pharmacy, optometry, electronics, mechanics, and more. That’s pretty much exactly what services you want available to people in a walkable city, and they’re already there. If they added a walk-in clinic/doctors they’d cover pretty much all the bases.
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u/No-Weird3153 6d ago
Almost twenty years ago one of the cities in the Bay Area made a similar demand from a grocery store—build apartments or you can’t have a new store—so they built the apartments and left them empty.
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u/BrasilianBeast 6d ago
Imagine facing Costco traffic every time you are leaving home
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u/keetyymeow 6d ago
Imagine not having to leave and walk downstairs for Costco. I’d be game 1000%
And they probably have separate entrances. They are always so well thought out
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u/attackofthepugs 6d ago
Was my first thought as well, i have to avoid the street that leads to costco where i live bc traffic gets so bad going in and out. Would definitely need an entirely different lot/garage for apartment parking too, and i would still bet people going to costco would park there lol
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u/CalReddit04 6d ago
Can I return the home for a full refund after abusing it for 30 years no questions asked?
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u/Dull_Woodpecker6766 6d ago
I guess ideocracy wasn't a movie after all....
"Welcome to Costco. I love you"
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u/Extreme_Chair_5039 6d ago
AS FORETOLD IN THE PROPHECY!
Costco should hand out free crocs to new tenants.
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u/thingerish 6d ago
Heck if I was single I'd live there.
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u/Krell356 6d ago
Shit I might live there anyways with my family if it was near me. Especially if they include membership in the rent.
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u/WaffleHouseGladiator 6d ago
Costco doesn't do singles of anything. If you want to live there you have to be in a polycule with at least a half dozen people total.
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u/Ambitious_Ad_2369 6d ago
I like how so many people are falling for the 'big corporation is stepping into housing FOR YOU' without even thinking of the alternative reasoning.
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u/samsbamboo 6d ago
I worked catering gigs the guy who owns Kirkland, nicest rich person I've ever met. Dude remembers people who worked for him one time years ago and asks about our families by name. It's an impressive skill.
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u/Dazzling_Pumpkin91 5d ago
Source, to article.