4 ms·
Is she suggesting that land be taken through eminent domain? Or is she merely suggesting that developers who own land should be allowed to build on it? Their D
by gavazzy 11y ago
Is she suggesting that land be taken through eminent domain? Or is she merely suggesting that developers who own land should be allowed to build on it?
Their DSP proposal is so clouded by the political language that it is difficult to determine their true intentions.
Also, I'm quite troubled by their suggestion that tearing down homes is morally equivalent to not building them in the first place. Tearing down homes immediately destroys value; hundreds of thousands of dollars are put into a home with the expectation that at least part of it can be recovered after a sale. A government that destroys homes without taking into account this investment destroys the value that the developers put into it. On the other hand, having the homes not be built in the first place does no such thing.
- erispoe 11y agoTearing down homes doesn't necessarily destroy value. It increases the value of other properties, because you have less supply and more demand. This is exactly the equivalent of not building while demand goes balistic. The price of homes has gone crazy in the Bay Area as a result of not allowing enough building. You don't need eminent domain, and SFBARF is not advocating for it. The project they are suing the City of Lafayette for was entirely private: willing landowner, willing developer, and most likely a lot of potential buyers or renters in a tense market. But no, the City of Lafayette decided to approve on condition of a drastically reduced number of housing. She is advocating that landowners and developers be allowed to build to meet market demand, without obstruction from nimby neighbors.
- SonjaKT 11y agoWhat words in the article suggested eminent domain to you?
- SonjaKT 11y agoAlso, what is "DSP proposal"?
- cowsandmilk 11y ago> Tearing down homes immediately destroys value Decreasing the zoning on land so less housing can be built immediately destroys value. That land can now house 10% of the people it previously was able to house.