For years, there have been rumors among the homeless downtown that a drifter in North Beach was sleeping in the gutter while he had all the money he needed in the bank.

 

It's true. That drifter is 68-year-old Lou Dinarde.

 

Dinarde is homeless, he often sleeps in the gutter or on the sidewalk, and he has plenty of cash -- a trust fund that at one point was worth nearly $700,000. He draws $2,500 a month from the fund plus $500 a month in Social Security.

 

Dinarde's had this money rolling in since 1992, when his mother died and her assets were sold to create the trust.

 

Trouble is, he can't resist the bottle. He abandoned his career as a carpenter three decades ago for life on the streets.

 

"I'm rich, but I like it out here. I ain't sleeping inside," Dinarde mumbled through sips of vodka last summer, as he sat with legs splayed in front of St. Francis of Assisi Church. "You can't make me."

 

 

Link

YA a lot of people are homeless by choice, its sad

Instead of homeless, isn't he an urban camping anthusiast

For years, there have been rumors among the homeless downtown that a drifter in North Beach was sleeping in the gutter while he had all the money he needed in the bank.

 

It's true. That drifter is 68-year-old Lou Dinarde.

 

Dinarde is homeless, he often sleeps in the gutter or on the sidewalk, and he has plenty of cash -- a trust fund that at one point was worth nearly $700,000. He draws $2,500 a month from the fund plus $500 a month in Social Security.

 

Dinarde's had this money rolling in since 1992, when his mother died and her assets were sold to create the trust.

 

Trouble is, he can't resist the bottle. He abandoned his career as a carpenter three decades ago for life on the streets.

 

"I'm rich, but I like it out here. I ain't sleeping inside," Dinarde mumbled through sips of vodka last summer, as he sat with legs splayed in front of St. Francis of Assisi Church. "You can't make me."

 

 

Link

He's also a dumbass by choice. Someone please hit him over the head with a bottle and take his money just so I can say I told ya so.

Kinda not on the same topic, but sort of. I was just watching some mini series on MSNBC, called Lockup, all about Prisions, and was wondering how many homeless people, who not like this guy, do not want to be homeless, commit a crime, to be put in jail, where they know there is food for them, and a roof over there head.

YA I heard about that too