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Message Subject Rental Control in California to help the homeless.
Poster Handle Anonymous Coward
Post Content
HERE'S THE REAL PROBLEM

LA, 3 years ago allocated 1.2 Billion dollars for housing for the homeless.

A city audit report just published states that not a single unit has been completed and 35-40% has been spent on consulting fees. Also, the developers are saying cost over runs are pushing the per unit price to over $600,000 per unit.

Anyone with a working brain cell knows the problem is not money or rent control, it's government corruption as blatant as you get.

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 Quoting: Remedial_Rebel


This is exactly what I predicted.
Too much greed in this country.

A cheap house made with Chinese materials cost maybe 10,000 dollars but by the time the crony developers and their buddy politicians get their cut, it balloons to almost a million dollars for one unit.

It is pretty apparent that private business and government are not the solution. They are a big part of the problem.
 
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