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According to a CNN report , the Postal Service will reduce the amount of home purchases the relocate employees. It has been the practice of the post office to purchase the homes of upper management employees during relocation.

A review by Senator Chuck Grassley concluded "while Postal Service relocations are generally comparable to other federal and private sector companies, the benefits it provides to relocating employees are very costly to the Postal Service."

In the last five years the Post Office has purchased 2,646 homes. Two thousands of those purchase in 2008 at an estimated cost of $73 million. One house purchased, belonged to Ronald Hopson a former postmaster in Lexington, South Carolina. The 8,400-square-foot, six bedroom lakefront home included 5 acres, four bathrooms, two half-baths and an indoor swimming pool, was purchased for $1.2 million.

Due the investigation by CNN as of June 14, the Postal Service will set a limit of $800,000 for a home. Previous to February 2009 the Postal Service had no limit on home purchase prices.

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May 24, 2009