Consider Using $149 Million for Housing on City Owned Land, Not Precinct
Hello Counclmember O’Brien and Sawant, Thank you for your vote, Councilmember O’Brien, against the $149 million dollar precinct building. I find it bewildering that the City is about to spend that kind of money on that kind of project. It is one building. Not that long ago, City staff found that Councilmember Sawant’s proposal to build […]
The Problem With the Term “Displacement”
I have a post up at Forbes that lays out and refines a bit my concerns about the term, “Displacement.” Unless and until there is a quantitative definition and measurement of displacement we ought to stop using the term. Compassion? Absolutely. Many people in our local economy are suffering. In fact, tonight, thousands of people […]
Herbold’s New Red Line: Why Make it Harder to Build in Poor Neighborhoods?
Councilmember Lisa Herbold’s amendment to the framework for Mandatory Inclusionary Zoning sends a bizarre signal to the housing market: don’t build housing in poor neighborhoods. We’ve already said over and over again that Mandatory Incentive Zoning (MIZ) adds costs and delays to the production of housing with fees and inclusion requirements. Those costs, imposed to create […]