Read the full story here Web Link posted Wednesday, March 11, 2020, 4:57 PM
Town Square
County pitches in $19M for North Bayshore affordable housing
Original post made on Mar 11, 2020
Read the full story here Web Link posted Wednesday, March 11, 2020, 4:57 PM
Comments (11)
a resident of North Bayshore
on Mar 11, 2020 at 11:26 pm
No wonder houses in the park stopped selling recently. Good job Democrats.
You just killed another viable community.
a resident of North Bayshore
on Mar 12, 2020 at 12:31 am
Here is a crazy idea. If it costs 800k why don't you put an 800k condo or townhouse there? Maybe charge a little more and even make a profit! Welcome to America!
a resident of North Bayshore
on Mar 12, 2020 at 2:06 am
Do you really think people paying 3650 a month per unit want to live next to the homeless? It isn't just homeowners taking the hit. The rental units will be affected too.
Why don't we put this homeless development next to Simitan's house? Who I just voted for by the way. Good way of messing with the people who gave you a job.
a resident of Castro City
on Mar 12, 2020 at 1:21 pm
In response to Bubba yousaid:
“No wonder houses in the park stopped selling recently. Good job Democrats.”
They stopped because the prices were already dropping in the area, and the sellers cannot get the money they want out of the deal. That has nothing to do with this situation. Why try to make it look like it a a “democratic” problem, it is a Housing Problem, and the current economic meltdown isn’t helping, which is caused by a global viral pandemic You your conclusion that:
“You just killed another viable community.”
What proof do you have that the community died because if political action. The odds are the community is going to “die” because of the viral pandemic, and money cannot solve it. You said:
“Here is a crazy idea. If it costs 800k why don't you put an 800k condo or townhouse there? Maybe charge a little more and even make a profit! Welcome to America!”
America allows us a choice, and sometimes because the PRIVATE sector REFUSES to PROVIDE any AFFORDABLE housing, someone will find an opportunity and fill the need. That is the FREE market working. If the PRIVATE sector wanted to, it could make this housing and make a profit. Just not as much as they DICTATE to the Cities to develop. WHY NOT THE PRIVATE SECTOR SHOW US HOW EFFICIENT AND PROFITABLY IT IS EVEN WITH AFFORDABLE HOUSING? You said:
“Do you really think people paying 3650 a month per unit want to live next to the homeless? It isn't just homeowners taking the hit. The rental units will be affected too.”
If the home apprasials are not what you think they are you can get another “opinion” at any time. The Appraisers should not be taking into account the state of any properties other than the one they are assigned. That is a BIG LIE because if your property is managed well, and in excellent condition, it will retain its value no matter what. As far as you declaring that a “homeless” person in a NEW HOME makes your community less valuable, that is also a BIG LIE because they are NOT HOMELESS ANYMORE. You said:
“Why don't we put this homeless development next to Simitan's house? Who I just voted for by the way. Good way of messing with the people who gave you a job.”
I don’t think this comment warrants any response at all.
a resident of Cuesta Park
on Mar 12, 2020 at 4:16 pm
THANK YOU @TBM. Concise and succinct. Logical argument points. and .... It all fits within ONE VIEW SCREEN!
a resident of Castro City
on Mar 12, 2020 at 7:01 pm
JUST WATCH
THE 4 MEMBERS OF THE CITY COUNCIL THAT TRIED TO TRICK THE CITY INTO RELEASING THEIR LEGAL RIGHTS UNDER TH CSFRA WILL SABOTAGE THIS PROJECT TO PUNISH THE CITY CITIZENS.
JUST LIKE THE PREVIOUS TIME WHEN MEASURE V PASSED AND MEASURE W WAS REJECTED.
THE CITY CANNOT TRUST ANY OF THESE PEOPLE.
a resident of North Bayshore
on Mar 15, 2020 at 8:24 pm
I hate to break the news to you Business Man but no one reads your 50 page responses. You don't live here. You have no skin in the game. You are a blowhard full of hot air.
a resident of North Bayshore
on Mar 15, 2020 at 8:33 pm
I have lived here longer than most if not all. And since the beginning there was always someone trying to steal our home equity.
a resident of North Bayshore
on Mar 15, 2020 at 9:02 pm
A helpful suggestion for you Business Man is after this disease stuff is over with you should get involved with your companies or industries ToastMasters and debate people who want you to debate them. You may even get a promotion at work. Then you would be a good Business Man don't you think?
a resident of Castro City
on Mar 15, 2020 at 9:38 pm
In response to Bubba you said:
“I hate to break the news to you Business Man but no one reads your 50 page responses. You don't live here. You have no skin in the game. You are a blowhard full of hot air.”
WOW, I have lived here since 2007 J.F.Y.I. But you just want to distract from the content which was clearly on point. You said:
“I have lived here longer than most if not all. And since the beginning there was always someone trying to steal our home equity.”
How about a reality check, “Home equity theft” doesn’t even exist. The only thing that comes close is “home equity fraud”. It is a political catch phrase used by a private legal group called the Pacific Legal Foundation. And most importantly this situation doesn’t even meet their definition because they call it:
“Uri Rafaeli’s story is heartbreaking to read: Uri is a retired 83-year-old Michigan engineer, and in 2014 he accidentally underpaid, by $8.41, the property taxes on a home he rented out. But instead of notifying him of the issue and helping him, his county government seized the home and sold it at auction for $24,500. The county then kept all the proceeds—leaving Rafaeli with nothing.I” (Web Link
So before you throw out words, maybe you should do some homework because building a new home is not what occurred above. You should know this.
“Home equity” is defined as “Home equity is the market value of a homeowner's unencumbered interest in their real property, that is, the difference between the home's fair market value and the outstanding balance of all liens on the property. ... They also benefit from a gain in equity when the value of the property increases.”
In effect it is dependent on the accuracy of the appraisal of the property. But since 2007 we all know how the appraisers inflate the values, and under the California Laws it is simply an opinion, and if any person or bank bases there decisions on their words is taking a seriously big risk. Because you cannot use any scientific process to validate these opinions. You said:
“A helpful suggestion for you Business Man is after this disease stuff is over with you should get involved with your companies or industries ToastMasters and debate people who want you to debate them. You may even get a promotion at work. Then you would be a good Business Man don't you think?”
I will not even make any comment on this.
a resident of Castro City
on Mar 18, 2020 at 6:28 pm
I guess there is nothing else to discuss on this topic?
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