SHELTER PORN From today's San Francisco Chronicle:
FREE MANSIONS FOR PEOPLE OF MEANS
University of California President Robert Dynes and his wife live in one of the East Bay's most impressive homes, a 13,239-square-foot mansion in Kensington with 10 acres of land, gorgeous Mediterranean gardens and sweeping views of the bay. An extensive staff meticulously maintains the estate at a cost of close to $300,000 a year.
The best part for Dynes: like many other university presidents, he doesn't pay a cent.
For all the attention paid to university salaries, some of the biggest perks at the university are noncash items, such as free housing. At UC, the system spends about $1 million a year to maintain spacious homes for Dynes and the 10 campus chancellors.
"I think taxpayers would be outraged to discover the nature of this extraordinary perk," said Jon Coupal, president of the Howard Jarvis Taxpayers' Association. "We certainly do not expect a university president who has substantial responsibility to be living in a very modest home. But does it take a $10 million mansion requiring this much maintenance to attract a competent UC president?"
... [A spokesman] said the homes are important to help chancellors cover the high cost of living in California, where many chancellors otherwise wouldn't be able to afford homes on their university salaries.
However...
Public records show that many of the chancellors already own their homes, sometimes close to campus. And at least two chancellors earned tens of thousands of dollars in extra annual income by moving into university-owned residences and renting out their own nearby homes.
In financial disclosure forms, UC Davis Chancellor Vanderhoef reported he earns between $10,000 and $100,000 a year by renting out a home he owns in Davis. Similarly, UCLA Chancellor Albert Carnesale reported renting out his Los Angeles home and earning between $10,000 and $100,000 a year in rental income.
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