With aging properties that require more upkeep and union contracts that expire Sept. 30, it's a particularly tough time to be losing more moneyHere are some numbers the Chronicle gives.There are 12,000 public housing residents with a budget of 221 Million dollars.That comes out to $18,416 a year or $1534 a month for each individual which includes children.So a mom with two kids is getting a subsidy of $4602 a month.Couldn't the private sector do this much cheaper? I guess when you have 400 employees monitering a system it's probably not that efficient.
Tuesday, September 19, 2006
The Massive Inefficiency in San Francisco Public Housing
The San Francisco Chronicle reports on public housing in San Francisco.Things are quite inefficient.The Chronicle reports: