Home Home Socialists Don’t Do Math: LA Spent $450M to House 1,144 People

Socialists Don’t Do Math: LA Spent $450M to House 1,144 People

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Los Angeles socialists spent almost $400,000 on every low income apartment. The math doesn’t work well, but they are socialists. They don’t do math.

They had a spending plan for the 2025 fiscal year that was the largest yet under Measure ULA. It was also known as the mansion tax.

The voter-approved measure, which taxes property sales above about $5 million, has drawn criticism from the real estate industry for years and has been the subject of several reports that found it has limited property sales and thus reduced property tax revenue and the construction of new housing.

Since the unhoused or low income residents aren’t in quaint bungalows, one needs to ask who got rich off this. Someone did.

The lack of parking doesn’t matter and packing people into teeny spaces is okay too.

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17 COMMENTS

  1. How many billions did it cost to not charge any EVs?
    How much do useless wind turbines cost?
    Do politicians pay people that don’t work?
    Why would leftist change what works so well for them?

  2. Socialists Don’t Do Math:
    Socialist don’t work, why work when the working American taxpayer is a deaf, dumb and blind unguarded ATM machine.
    IT IS TIME TO END THE DC ATM MACHINE, if you don’t work you don’t eat.

  3. There’s no need to do math – they have all YOUR money, and your money, and your money, and your money, and… to cover the cost of anything they do to buy votes and fix the system to gain and maintain their power.

  4. For all you libtards out there on Reddit who’re too lazy to do the math yourself, what he’s saying is LA (Laughingstock of America) just spent almost $400,000 per person for “housing.”

    They could’ve purchased 1,144 homes at almost $400,000 for those 1144 people.

    Why do you idiots continue to ignore what your vote is achieving

    Your govtards are stealing from you.
    We are laughing at you.
    Pointing and laughing at you.

  5. Al Gore must be so pleased. First jamming people into tiny apartments then no providing parking so they’ll almost be forced to ride mass transit. Love it when a plan comes together. Too bad these buildings will be trashed withing 2 years.

  6. Wow I could house each person for 350,000 each. That wont cut it in Cali..You need about a million each ….Half a mill is still stretching it. Somewhere in Texas they could house triple the people for just under that figure.

  7. Gov. Hair-jell has turned California into a dystopian hovel, bleeding productive residents, and large corporations to properly governed Red states.

  8. Math is not required when it’s Other People’s money you’re blowing through. We tried to be compassionate and show them why this is not going to work, they ignored it and drove on. Their demise can’t come soon enough and I will cheer it on.

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