Their funding source is drying up.
Local psuedo intellectual heavy weight Steve Pomerance has the answer…
Pomerance said that if the City Council really wanted to offer more affordable homes, it could change zoning rules.
“Why are we not requiring all the housing that gets built to be affordable?” he said.
Unbelievable. This is such a stupid idea I’m at a loss for words. You simply can’t get more anti-capitalistic than that.
The comments are fairly enlightening:
There’s mention of rent control by ‘notethis’. (vote: -40)
‘Nogreens’ shoud be a poster on this blog. (vote= +22). Here’s an excerpt of his comment…
The same government that created high housing prices now wants to solve them by the tried and true trick of taxing those people contributing to the economy. Government does not create wealth is merely takes it from those that create it and give it to those that don’t. These same “geniuses” created this problem by limiting growth, continually enacting new and expensive regulations, changing zoning, requiring more open space, etc. All of these factors limit the housing market to the top end where people can afford these burdens. Now the same group of people that believe in equality by income redistribution instead of opportunity, want to burden homeowners and residents even more with new taxes.
‘Ziggle” comments “Gosh another tax”. And on Pomerance’s request for all housing built to be affordable he states…
And if Pomerance’s suggestion that all housing built in town be affordable is accurate, he even more of a socialist that I’d thought.
.. and he must be. No wonder he’s such a popular guest columnist of the Daily Camera.
This whole program should be shut down. Tomorrow couldn’t be soon enough.
