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Why would homeowners want to go into debt to and jump through hoops to build more housing on their property?

February 4, 2018

Op-Ed

Why would homeowners want to go into debt to and jump through hoops to build more housing on their property? Most want to be left in peace to live on their property as it is. They bought it to live in it not as an investment. Many raised families there and have no interest in leaving those memories behind.

Only large investors will benefit from the increased density development legislation being promoted in Sacramento by Scott Wiener in SB-827 and SB-828, and they will do it by disrupting their neighbors’ lives. They will crowd local stores, closing many of them, increase traffic, put shadows on solar powered roofs, increase the demand for clean water and garbage disposal, and kill the views that are left west of Twin Peaks. If you left your private back yard open you would not need to pay for new public parks. Nor would you require SFMTA to provide you with expanded transportation opportunities.

San Francisco homeowners dealt a fatal blow to the Affordable Housing Density Plans and that is why pro-developer groups, like SPUR and the NIMBYs took their bills to Sacramento to force density where it is not wanted. But even if they pass these bills, they sill have to convince homeowners to go into debt to pay for the increased dense development, and judging from the outpouring of opposition there bills, this may not be an easy task.

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