Further to my post yesterday, I saw another post written by the Antiplanner, but this time at the Cato Institute blog, about the cost of housing. He points out something that I have noticed but I think is largely overlooked: just because an organization calls itself “non-profit” doesn’t necessarily mean that it doesn’t have highly compensated employees and is expending the majority of its resources on supporting whatever constituency it purports to support. In some cases at least, the main constituency of such organization is really its own employees.
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