$1.1M revenues.
100 residents.
$11,000 revenue per person per year.
$2 stipend per person per day.
Assume: $5/day food, $2/day room per person per day (ballpark estimate minimum derived from my food/housing costs extrapolated to comfy hippie setting).
$3285 income per person per year.
A couple questions:
- At $9/day, they're better off than half the world's population (median income $2/day) ... so what's the problem?
- Meager incomes aside, where's the remaining $0.77M/year going?
"Meager incomes aside, where's the remaining $0.77M/year going?"
Mortgage payments on the land?