San Francisco's Affordable Housing Shell Game

The Pasadena Pundit ^ | April 21, 2007 | Wayne Lusvardi

[goldstategop]

Yep. A one bedroom apartment with a shared kitchenette and a single bathroom. That's your studio. The bedroom also functions as your living room. I live in a 3 bedroom condo with 2 bathrooms with a separate kitchen and living room for that sum. Of course, it ain't in San Francisco. In fact, I no longer live in California at all.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

[art_rocks]

Is your tax on your property based on the fair market value or the subsidized value?

[ken21]

i was surprised when i saw a “low income” hud apartment (looks like a house!) complex that opened recently.

2 bedrooms, one car enclosed garage, humongous living room, two enclosed patios, ... and so on.

and the guy was paying $500/month, living there by himself.

i wondered if many of the tax payers supporting him enjoyed a comparable home?

[krogers58]

Sorry, I didn’t get back to you sooner.....its based on “fair” market value.....what it would sell for.