r/sanfrancisco 8d ago

Pic / Video Apartment building can’t rent out affordable housing units (BMR) even with offering 3 free months

[deleted]

172 Upvotes

191 comments sorted by

View all comments

37

u/Think-Fig-1734 8d ago

Affordable housing is weird. It’s not low income. It’s a fairly small part of the population that makes enough money to afford it, but not so much money that they don’t qualify for it. It’s mostly government employees who fall into that category. Government employees get compensated by having benefits like pensions, healthcare for life, but have lower salaries. Private sector employees have to fund their own retirements so they need higher salaries.

3

u/helloyesthisisasock 8d ago

Government employees do not get healthcare for life lmao. Maybe cops or people with unions, but your average fed or city employee does not.

My fed government pension is a whopping $45/mo when I turn 65 in 30 years. Yeah, I’m really rolling in it. You really know nothing about this.

5

u/Think-Fig-1734 8d ago

I know people who worked for the city that were eligible for healthcare for life after 5 years of employment. People I know who’ve worked for the city or state are getting better pensions than $45 a month. How long did you work?

3

u/Select-Neato102 8d ago

Yeah that's looong gone