Homes 4 the Homeless

Homeless housing in Los Angeles costing $750,000 per unit

Alex Campbell 0
Expensive homeless housing - LA Times
Expensive homeless housing - LA Times
LA Times

Everyone agrees, the cost of housing is far too high.  Late last year, auditors in Los Angeles sounded an alarm after a review of 1000 units under construction for unhoused individuals averaged $600,000, according to a report in the Los Angeles Times.

This smashes the median home price in the United States, which Business Insider sets at $226,800. Thecost of buying a home has increased significantly since the 1960s, when the median price of a home was $11,900, or $96,681, when adjusted for inflation, according to a Student Loan Hero report.

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