We don’t need for state laws that override our local authorities and rob citizens of their right to decide how they want their city to develop.
Last month, more than ninety corporate CEOs, tech investors and their allies called for quick passage of what the governor describes as his “affordable housing” plan. They assert that this plan would solve a housing crisis that threatens their businesses and the region’s economy. And recently in the San Francisco Examiner, a local politician added a Trump-like promise claiming that the governor’s plan would “make San Francisco affordable again.”
These claims appeal to the desperation of tens of thousands of Bay Area residents who are facing soaring and unaffordable rents and out-of-reach home prices.
What the CEOs and politicians don’t explain is that the plan, Trailer Bill 707, is really intended to accelerate housing construction for the wealthy. Under 707’s requirements, in order to gain one unit of affordable housing most cities will be required to allow the development…
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