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Doesn't seem they had a lot of choice in the matter: "Since the project fully complied with the city’s zoning code and met all the application requirements, Ci
by usaar333 8y ago
Doesn't seem they had a lot of choice in the matter:
"Since the project fully complied with the city’s zoning code and met all the application requirements, City Attorney Jannie Quinn told council members Tuesday that it would be “very difficult” to “come up with a rationale to deny the project.”
Quinn also informed the council that placing a moratorium on the demolition of rent-controlled apartments could put the city in a legal predicament due to the state’s Ellis Act, which protects landlords who want to leave the rental market."
- yonran 8y ago> Doesn't seem they had a lot of choice in the matter: Nonsense. The restrictively zoned cities in the Bay Area are leaving a lot of value on the table in order to protect their squat neighborhoods. If Mountain View truly preferred tenant protections over protecting neighborhood character, I’m sure they could have made a win-win solution with the developer to provide replacement rent-controlled units in exchange for an upzoning, even late in the process.
- robbiemitchell 8y agoRent control is not a solution. Build more housing.
- nostrademons 8y agoThat was a part of yonran's proposal: offer the developer increased density (upzoning) in exchange for rent-controlled apartments in addition to the townhomes. It's a win-win-win-win all around: the developer gets to sell more units (for more profit), the existing tenants get to maintain their rent control (in exchange for disruption while their old building is demolished and rebuilt), new homeowners get additional supply of housing, and the city doesn't have to deal with the protests of any of these groups.
- cycrutchfield 8y ago... or just build enough new housing without having to introduce market-distorting artificial price controls
- xnyan 8y agoAgree 100%, but people need to move into places today and tomorrow and I get that rent control is not a long term solution, but in the long term we are all dead as the saying goes. When more housing exists, rent control can end. In the mean time, I pick market distortion over people out on their ass do to impossibly high rent.
- fossuser 8y agoTricky part of this is rent control adds an entire new group that no longer cares about housing being built and is interested in the status quo (as well as making it less attractive to build new housing and rent it out). I suspect if you put it in place it becomes politically impossible to end and even harder to build new housing.
- wahern 8y agoIt is in place and it's being torn down, so....
- fossuser 8y agoYeah, torn down to make units to sell (which makes sense given the incentives).
- xnyan 8y agoI suppose I don't agree with the premise of your argument. Economic and market forces are only a part of the political decision making process, poor investments and low public good projects are pursued all the time as well as many good projects. Getting things done in politics is about political will, organization, sacrifice and being determined to accomplish a cause, not really much to do with how good or bad of an idea it is. The economic costs of rent control are real, but distributed and I think its difficult to make people resonate with that. I don't think it would have a significant effect on the viability of other projects one way or another.
- vkou 8y agoRent control is a solution that won't immediately leave tens of thousands people homeless until said housing can be built. Unless you wouldn't mind them crashing on your couch, in the meantime, that is.
- sthu11182 8y agoI agree. I live in Mountain View and all for building more density and more townhouses, but the number of townhouses in the articles is less then the number of apartments in each of the new developments. Unless I am missing something, I don't understand how decreasing the number of housing units is helping the area.
- derekdahmer 8y agoI agree but they didn't build more housing either, they replaced 20 units with 15 and 59 with 55.
- imtringued 8y agoRent control just delays the inevitable until things mentioned in the article happen. The rent is frozen but the value of the property keeps rising. Landlords increase rent of vacant units to make up the loss of rent revenue. Everyone is happy until one day the tenant moves or is forced out (see the article). Then the price of the property immediately shoots up to market rate and you end up with a price that is higher than without rent control.
- Gibbon1 8y agoSolution is to force wall street and the tech bro's to move their money laundering operations elsewhere.