“The luxury homeowners leading the fight against SB50 and who oppose apartments in their neighborhoods love the idea that they are battling for the working class against ‘greedy’ developers.”https://twitter.com/beyondchron/status/1118522906760212481 …
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@kimmaicutler to clarify, our analysis in the brief focused on areas subject to#SB50 in the Bay Area. In those areas, compared to current capacity, SB50 could quadruple overall market-feasible capacity, & quintuple capacity for affordable units under inclusionary requirements. -
How it must address
#homeownership,#povertytraps loopholes of AMI, over production of rental housing that hurt asset building, prosperity and upward mobility of#POC &#LMI#Californians#SB50 - 5 more replies
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But of course it doesn’t do enough as compared to the current NOTHING in most exclusionary opportunity rich cities
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What a world where the California Air Resources Board demands bolder climate action than self-proclaimed “housing activists.”
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However not
#homeownership. This is the biggest equity, economic mobility and gentrification displacement is of#SB50. There is no AMI reform addressed this places anyone affordable in a vulnerable position. Affordable housing is a rental poverty trap.Thanks. Twitter will use this to make your timeline better. UndoUndo
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