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on Nov 25, 2013
I just love how the City of Mountain View keeps building housing only for the fairly well off, of course all those Google staff. I hate that all those companies are here. It has completely ruined the nice quite beautiful old town that Mountain View was. The rents are so out of reach and so is wanting to buy a house.
Most people who live in Mountain View do not work in Mountain View (Google, etc.) We bought a home here in 1975 because the location was much more convenient than San Jose where we lived, even though neither of us worked in Mountain View. It was a stretch for us to buy a home with a price twice what we had paid in San Jose just two years prior. Our home price increased by 10 times before there was a Google, so Google is not the cause of all of the price increases. Supply and demand drives prices and Mountain View, while far from perfect, has a lot going for it.
I agree, 968! I live in one of the last old community-feel complexes left in Mt. View. The developers bulldozers would be ripping it down today if they had their way, and I fear that day is coming sooner rather than later!
New residences help everyone, not just the rich. It's basic economics.
Let's say Jim, who has a well-paying job, is moving to Mountain View. If the 33 units mentioned in the article are ready, he might buy one of them. If the 33 units had not been built, he would fight with everyone else for one of the existing homes, driving up the prices in the rest of the market. In doing so, Jim would price out Joe, who has slightly less money than Jim. Joe would then have to look for homes in a lower price bracket and raising prices in it by competing with Sam, who has slightly less money than Joe. And so on, all the way down to the bottom of the market.
What's the bedroom to parking space ratio of this new development?
I'm guessing not enough.....
"New residences help everyone, not just the rich. It's basic economics."
Yeah, really? How, by fighting for the last available jobs we have.
They come here and make this place look like the slums of India. Overcrowding is not what the average Mt. View Citizen wants. Oversaturation will make this a slum.
But I guess for some people, that would make them feel more like they were in their homeland.
The homes are nice, followed this project in the planning stages, well designed. 33 homes built vs open land outside the bay area, I am for building but i am also for farmland.
You can find people sharing a small unit in large numbers but nothing like the overcrowding I have seen elsewhere.
33 new homes for sale balances out the hundred and hundreds of apartments the council has Ok'd this year? Sure. Keep patting yourselves on the back city council.
Fantastic project! Building as many new residences as possible keeps the prices of older homes as stable as they can be in this extremely desirable area. Building inside our existing urban footprint protects farmland/parkland, and people living closer to their jobs keeps commute times down. People who object to building are living in a fantasyland where the bay area isn't the most desirable metro in the country... The economy is booming, so these houses are going to be built somewhere - the only question is where. If they're not put here where people work, they'll be put out in Morgan Hill, Tracy, or Brentwood and some poor sap will have to drive an hour and a half to get to his job.
People who think that they can build enough housing to satisfy demand without ruining the city of Mounatin View in the process are the ones living in Fantasyland. Doubling the population will foul up this pleasant place to live so bad that their prized company may up and leave when all the streets are gridlocked due to overpopulation and overbuilding. Google chose to locate in MV for a reason but what happens when you erase those reasons in a mad poorly planned dash to satisfy the need for housing.
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