$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.
$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.