• Spaceballstheusername@lemmy.world
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    15 hours ago

    6.4 billion to build 4k units and services. I don’t know how much is allocated to building and how much is allocated to services but even if it’s 50/50(I think an insanely high ratio) that means the units cost 800k to build. Who is getting rich off this. I remember seeing one homeless project that was like a one room 400sf shack basically cost over 1 million each to build. The corruption when it comes to building contracts is insane.