from the linked article...
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The couple noted that the town has already recognized that 23 Oakwood townhouses would not contribute to the very-low or low-income housing quotas required by the state, and they were pleased when it was previously removed from the housing element. Council member Rick DeGolia has said that it's not possible to build low-income housing in Atherton since land is worth about $8 million per acre.
"We kindly ask that the town adopts the new housing element without the inclusion of 23 Oakwood," the Currys wrote. "Should that not be sufficient for the state, we ask that the town commits to investing in considerably taller fencing and landscaping to block sight lines onto our family's property."
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As mentioned in the article, the Curry's aren't the only Atherton residents (probably including a few well-heeled GOP donors) objecting...and at $8 million per acre, there is no way that 'Affordable Housing' could be built in Atherton. There are numerous other towns and localities in the Bay Area that would actually benefit...
Link: https://almanacnews.com/news/2023/01/27/steph-and-ayesha-curry-oppose-upzoning-of-atherton-property-near-their-home