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
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tell us how fair market value of $8M/acre works for affordable housing...
ou are, we just don't know the cost.
country? Were you as upset when Barney Frank forced banks to lend money to minorities just to make everyone feel good despite nearly destroying the economy. You're a not in my backyard liberal, just accept that and move on.
was the last GOP-led bill for Affordable Housing?...while you're searching for that needle in the haystack, take a look at the attached article on this topic...then explain to us all how it makes good use of taxpayer funds or developer money to buy up lots going for $8M/acre for affordable housing...that's what's called "Irrational" and fiscally ignorant.
Link: https://localhousingsolutions.org/housing-101-the-basics/how-is-affordable-housing-created/
e housing sucks in the Bay? It's because of regulations about rent, building heights, etc. It drives up costs and lowers supply thus making housing even more unaffordable.
see the attached link...I also believe that no rational person would spend $8M/acre to try and create affordable housing...do you?
Link: https://forum.uhnd.com/forum/index.php?action=display&forumid=2&msgid=65515
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They want to be able to buy expensive property in high-C.O.L. areas with low crime rates and good schools, without the government stepping in trying build Section 8 housing or re-zoning school attendance maps to force demographic change in the community.
But if YOU want the same opportunity for your community, by golly you're a fascist!
It's not his fault.
Link: https://www.youtube.com/watch?v=ngLX1uDh-eg
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