$10,000 a year to provide a single person housing? To put that in perspective. I’d assume that means a studio type apartment of some kind. Not high end, but a roof and place to live for $10,000 a year. I have a 1500sqft home in Washington state on 3 acres of land, and I pay $27,000 a year for my mortgage. So to me, $10,000 seems reasonable for a government funded studio for a year.
And I know it’s probably unheard of in America now, but $840 a month in rent is not that wildly low. I assume there’s more to it than just that though.
It depends on where you are. $840 a month anywhere near Chicago is either stupidly cheap for what you’re getting, or stupidly bad for what you’re paying.
Does anyone have the actual research on this? Both of those numbers seem really low.
$10,000 a year to provide a single person housing? To put that in perspective. I’d assume that means a studio type apartment of some kind. Not high end, but a roof and place to live for $10,000 a year. I have a 1500sqft home in Washington state on 3 acres of land, and I pay $27,000 a year for my mortgage. So to me, $10,000 seems reasonable for a government funded studio for a year.
And I know it’s probably unheard of in America now, but $840 a month in rent is not that wildly low. I assume there’s more to it than just that though.
It depends on where you are. $840 a month anywhere near Chicago is either stupidly cheap for what you’re getting, or stupidly bad for what you’re paying.