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Original post made
on Mar 30, 2009
This story is currently on the front page of the Chron's website with the misleading and asinine headline of "Some Mountain Viewers Prefer Unaffordable Housing". Web Link
If there's one problem, it is that Mountain View is becoming possibly affordable. Right now the median house price in Mountain View is $800,000 and the mean income is $80,000 (movoto.com). This has fallen and soon just anyone can live in Mountain View. Homeless people, drug addicts, teachers, nurses, etc.
How will Mountain View ever reach its goal of being the Next Atherton... or heck, the next Palo Alto if this continues to persist?
The solution is clear. The call to action cannot be any louder. The City Council must be aggressive in REDUCING the total amount of housing. Let's start tearing down those disgusting apartment complexes. Let's start tearing down those ridiculous condos.
It's basic supply and demand. It's basic group dynamics. Groups/cities become more valuable as they become more exclusive.
Finally, with medical and retirement costs at an all time high, measures like this will help the plethora of Mountain View homeowners who purchased houses before 1978, and currently pay $1000 a year in property tax to retire in comfort when they sell their homes for $5 million. After all, these were the people who built this DAMN city that you get to enjoy.
If you don't support reducing residences, and don't support prop 13 - you have to ask yourself "Why do you hate seniors?"
No No No Not here in MV, Build it in someother town or Hell for that matter.
I want to buy below market house in Mountain view.
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