4 ms·
It's time to start acknowledging that this is never going to be fixed. SB 827 died when homeowners protested fiercely, and it doesn't look like any proposed rep
by Analemma_ 9y ago
It's time to start acknowledging that this is never going to be fixed. SB 827 died when homeowners protested fiercely, and it doesn't look like any proposed replacements are going to get traction either.
People just have too much of their equity tied up in their homes. I hate it, but I can also see where they're coming from: if you had a savings account that accounted for most of your net wealth and was appreciating at double-digits per year, and someone wanted to cut it by a significant percentage, you'd fight them to your last breath too. And there's always going to be a supply of readymade arguments for why this is actually the good, progressive thing to do: https://www.motherjones.com/kevin-drum/2018/04/why-should-progressives-force-big-cities-to-become-even-bigger/ https://www.motherjones.com/kevin-drum/2018/04/why-should-pr...
You may need to either live with this, or get out of the Bay.
- moultano 9y agoIf they permitted their land to be upzoned, the value of it would rise even faster than it already is, so I don't think financial incentives are the crux of the political opposition. Old home owners in the valley don't want anything to change and resent the change that has already happened.
- several 9y agoYou are 100% correct that homeowners stand to make much more money if their land was upzoned, but I think most don't realize this. Perhaps a way out of this NIMBY induced housing crisis is make more of them aware of this fact?
- chrischen 9y agoWhen did it die? I thoughti t is being brought to vote later this year.
- moultano 9y agoIt didn't make it out of its first committee.
- pessimizer 9y ago> someone wanted to cut it by a significant percentage This is such a weird YIMBY theory on NIMBY motivation. Removing zoning restrictions would make their property values go up, not down.
- DrScump 9y agoSB 827 died when homeowners protested fiercely SB827 never got to any "homeowners". It was killed by the Democrat leadership in the legislature.