Christopher F. Rufo ⚔️ on Twitter: "According to the @LAcontroller, this one-bedroom unit cost $549,501 to build. It costs more than a luxury condo, but does it look like a luxury condo? Taxpayers deserve better.… https://t.co/BGjfB2ASii"

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‏ @realchrisrufo

According to the @LAcontroller, this one-bedroom unit cost $549,501 to build. It costs more than a luxury condo, but does it look like a luxury condo? Taxpayers deserve better.https://twitter.com/MayorOfLA/status/1214295354490834944 …

image of the kitchen inside the new supportive housing

MayorOfLAVerified account @MayorOfLA

Using #PropHHH dollars + other resources, we have nearly 150 projects open or in the pipeline to deliver more than 10,000 affordable and supportive units for homeless Angelenos and our most vulnerable neighbors all across L.A. pic.twitter.com/pfLZSWeOXz

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3:45 PM - 27 Feb 2020

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28 Likes

12 replies 9 retweets 28 likes

1. Jon Conley‏ @Jonathan_Conley 27 Feb 2020
  Replying to @realchrisrufo @LAController
  
  And I'm guessing that more than half of that are regulatory fees for bureaucratic policies, unions, et cetera.
  
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1. i‏ @Shizzle_Nizzles 27 Feb 2020
  Replying to @realchrisrufo @LAController
  
  Maybe it’s insulated with bundles of cash
  
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1. trashedcoast‏ @trashedcoast 27 Feb 2020
  Replying to @realchrisrufo @LAController
  
  There's a new 480sqft condo a few blocks from me that was going for $380k. LA has a higher COL so this doesn't seem that out of line?
  
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1. DirkDiggler‏ @DirkDig21786284 27 Feb 2020
  Replying to @realchrisrufo @LAController
  
  Where I live this would sell for about $90K
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1. Jonathan Howard ‏ @staringispolite 27 Feb 2020
  Replying to @realchrisrufo @LAController
  
  Hey there - got a source you could share on the comp to building a luxury 1BR? Not finding anything that cheap
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1. baseball baby ‏ @lanilani89 27 Feb 2020
  Replying to @realchrisrufo @EsmeAlaki @LAController
  
  $500,000 is probably permitting fees to build lining city pockets and calling it progress
  
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