Hello and welcome to Business Daily.

I'm Reagan Morris, and today we're in Los Angeles talking about a lack of affordable housing.

Last year, the city of Los Angeles and the county of Los Angeles together housed more people than ever,

but more people became homeless than we housed.

And a new trend in housing as well, Pod Living.

Think college dorm living for adults.

We have a triangle at Podshire and it goes cost, neighborhood and privacy.

So if you could pick two, like you didn't have a lot of money, then would you sacrifice

neighborhood or privacy?

Because I would sacrifice privacy and live in the best neighborhoods.

That's coming up in Business Daily.

That sacrifice of privacy involves sleeping in a hip dormitory room with a group of strangers

stacked in wooden pod boxes, like really durable bunk beds.

Some hail them as revolutionary new ways of living in community.

With no background checks, down payments, or electricity bills to pay, they're perfect for workers in the gig economy or someone new to a city. Others say their glorified overpriced bunk beds. Would you sleep in a podbed in a room with a dozen or so men and women, just to live in your dream neighborhood?

A lot of young people are doing just that in L.A., where nearly 60,000 people sleep rough on the

streets on any given night. It is impossible to walk down the street and not see an encampment in

almost any part of Los Angeles. I hate walking my kid to school or to the grocery

store or the farmer's market and having to see people living and dying on the streets. It's wrong

and it's insane. No one's claiming pod living is an answer to the homeless crisis in Los Angeles

and around the country, but people are increasingly talking about shared living as a way to ease homelessness.

And pods are popping up in suburban homes and inside warehouses around L.A.

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