Tuesday, March 5, 2013

A "Cottage Industry" Flourishes In Louisiana

I don't know if you watch Treme on HBO, but it covers some silly government rebuilding efforts still going on after Katrina.

Now, we learn from the Associated Press that a $75 million cottage program has significant costs overuns. The average cost of each cottage is $145,216. But what, there's more. People who live in 34 of those cottages had to move out in order that repairs be made because water leakage in the walls.  With these repairs the price of the 34 homes has increased to $195,452.

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