Wednesday, September 16, 2020

AFFORDABLE HOUSING OFTEN IS NOT

by Bob Walsh

The People's Republic of Sacramento is preparing to do some low-cost housing to help out a very few homeless people.  They are rehabbing an older, flea-bag hotel to turn it into mini-apartments of about 250 square feet each.  

It is costing $445,000 PER UNIT to redo the Capitol Park Hotel for this purpose.  That is more than a 1,600 square foot detached home is going for now in the area.  

Our tax dollars at work.

1 comment:

Dave Freeman said...

California seems Hell bent on destroying itself. I just hope they remain solvent enough to keep our retirement benefits coming. Ya Bob, I KNOW they have a legal requirement to honor those commitments. But you can't squeeze blood out of a turnip.