San Francisco Residents Outraged Over Cost of Providing Tiny Houses For The Homeless [Yahoo! Finance]
CoStar Group, Inc. (CSGP)
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Source: Yahoo! Finance
This has led the city to employ a variety of methods to tackle the problem, but a recent plan to provide tiny houses for San Francisco's homeless population has residents furious over the cost. The units would cost a reported $113,000 each to construct. Considering that the average home in San Francisco costs nearly $1 million the $113,000-per-unit cost for the tiny houses seems in line with San Francisco's notoriously expensive real estate market. Why is there so much outrage? First, it's much higher than nearby cities like Oakland and San Jose are paying to build comparable units. Second, the program is taxpayer-funded. Don't Miss: Investing in real estate just got a whole lot simpler. This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100. Want To Grow Your Wealth Passively? Unlock Real Wealth with Cityfunds' Exclusive 8% Yield Fund It also costs an estimated $2.9 million per year to operate the city program that wil
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CSGP
Earnings
- 4/23/24 - Beat
CSGP
Sec Filings
- 5/17/24 - Form 4
- 5/16/24 - Form 144
- 5/10/24 - Form 4
- CSGP's page on the SEC website