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To: TontoKowalski
$600 per month per room in a $1.1 million place? Yeah, they are getting a price break. I encourage you to try to find a room for rent in a place that costs that much, for $600 a month.
7 posted on 04/21/2003 6:56:14 AM PDT by dogbyte12 (.)
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To: dogbyte12
I encourage you to try to find a room for rent in a place that costs that much, for $600 a month.

It's not that hard to contemplate, given that the building is a church. These guys are paying $600/month for a room. Their payments combined probably cover more than half the mortgage cost on the building, and the owners are probably restricted from turning a profit based on their status. This is not the big deal you presume it to be.

10 posted on 04/21/2003 7:02:01 AM PDT by Mr. Bird
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To: dogbyte12
$600 per month per room in a $1.1 million place? Yeah, they are getting a price break. I encourage you to try to find a room for rent in a place that costs that much, for $600 a month.

Um. How many people are renting at $600 per month? If there are 6 congressmen in various rooms/apartments in that building, that's $3600 per month. That seems reasonable.

31 posted on 04/21/2003 7:32:34 AM PDT by Theo
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To: dogbyte12
$600 per month per room in a $1.1 million place? Yeah, they are getting a price break.

Not necessarily. 1.1 million is not that big a house in the DC area. A modest 4 BR colonial would probably go for a half-million easily! If it is a 6 or 7 BR home, it will be valued at that much, and if the owners have had it a while, the rents would easily cover any mortgage and maintenance costs.

71 posted on 04/21/2003 9:10:15 AM PDT by SuziQ
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