News

Tenants will be moving into Mountain View's new affordable housing project this week

Luna Vista's 70 apartments on El Camino Real includes 15 units for adults with developmental disabilities

The Luna Vista apartments on El Camino Real in Mountain View on Nov. 18, 2021. Photo by Magali Gautheir.

Wet paint, heavy equipment and exposed wiring still fill the new housing development at 950 W. El Camino Real in Mountain View. But within the week, it will be home to dozens of people in need of an affordable place to live.

The Luna Vista apartments mark the latest addition to the city's limited supply of affordable housing, opening its doors as city officials search for ways to build thousands more units just like it. Luna Vista has 70 studio apartments for residents making well below the area's median income, including 15 units reserved specifically for adults with developmental disabilities.

The project is located on prime real estate near downtown Mountain View and a short walk from public transit, replacing a Taco Bell with high-density housing. The 70-unit development's density works out to the equivalent of 117 units per acre -- far more than most housing in the city. Though each compact unit is a 400 square feet, they're all designed to "live larger," with fold-out tables and curtain-covered closets, said Diane Harvey Dittmar, Alta Housing's project manager.

Artworks on glass panels designed by clients from the Morgan Autism Center hang from the front of the Luna Vista apartments in Mountain View on Nov. 18, 2021. Photo by Magali Gauthier.

Hanging from the front of the building are glass panels that project colorful artwork based on the direction of the sun. Artwork for Luna Vista was designed by clients from the Morgan Autism Center.

While under development, Luna Vista had a reputation for being extremely expensive to build, coming out at more than $700,000 per unit and requiring a city subsidy exceeding $22 million. Despite the huge need for affordable housing, the $49.4 million price tag on the project was enough to give Mountain View City Council members heartburn.

Help sustain the local news you depend on.

Your contribution matters. Become a member today.

Join

At the time, Alta Housing officials cited the high cost of land as the culprit, but since then construction costs have soared as well. Recent projects to come before the city, including one on La Avenida and another on Montecito Avenue, cost a comparable amount per unit.

The top of City Hall is visible from the rooftop deck of the Luna Vista apartments along El Camino Real in Mountain View on Nov. 18, 2021. Photo by Magali Gauthier.

Though cost-conscious and careful to keep the price down, Alta Housing CEO Randy Tsuda said they didn't skimp, and strategically used extra money to create a "great" living environment to serve tenants regardless of their income. Added amenities including a communal lobby and balcony on every floor, along with a spacious roof deck with a view that extends to the Bay.

"It proves you can do that for an affordable project, not just in the expensive market-rate projects that we're seeing," Tsuda said.

Rather than create a box-shaped building mirroring other residential development down El Camino, Tsuda said there was a strategic use of warm materials and a large, curved feature on the front. The design was inspired by some of the older buildings that used to exist on El Camino, Tsuda said, similar to the streamlined modern style of old drive-ins and gas stations.

Relative to other cities in the Bay Area, Mountain View has built a significant amount of housing in recent years, including hundreds of units for low-income residents and families. But it still falls well short of affordable housing targets set forth by the state. Between 2015 and 2023, the city was asked to build 1,833 deed-restricted, below-market rate units, but city staff reports from earlier this year show the city had only issued permits for 448 units -- less than a quarter of the target.

Stay informed

Get the latest local news and information sent straight to your inbox.

Stay informed

Get the latest local news and information sent straight to your inbox.

The shortfall doesn't bode well for the city's newest housing goals. California's Regional Housing Needs Assessment (RHNA) calls for Mountain View to zone for 11,135 new homes, which includes a target of 6,255 deed-restricted units for lower-income households -- an order of magnitude more than what has historically been built in the city. Early strategies for meeting that ambitious target include finding new funding sources and partnering with other agencies to help pay for the high cost of housing.

Alta Housing, for its part, is expected to be one of the players to help Mountain View reach its affordable housing target, with plans already in the works to redevelop a downtown parking lot and build a 105-unit complex next door to Public Storage.

The Luna Vista apartments on El Camino Real in Mountain View on Nov. 18, 2021. Photo by Magali Gautheir.

Follow Mountain View Voice Online on Twitter @mvvoice, Facebook and on Instagram @mvvoice for breaking news, local events, photos, videos and more.

Tenants will be moving into Mountain View's new affordable housing project this week

Luna Vista's 70 apartments on El Camino Real includes 15 units for adults with developmental disabilities

by / Mountain View Voice

Uploaded: Fri, Nov 19, 2021, 1:56 pm

Wet paint, heavy equipment and exposed wiring still fill the new housing development at 950 W. El Camino Real in Mountain View. But within the week, it will be home to dozens of people in need of an affordable place to live.

The Luna Vista apartments mark the latest addition to the city's limited supply of affordable housing, opening its doors as city officials search for ways to build thousands more units just like it. Luna Vista has 70 studio apartments for residents making well below the area's median income, including 15 units reserved specifically for adults with developmental disabilities.

The project is located on prime real estate near downtown Mountain View and a short walk from public transit, replacing a Taco Bell with high-density housing. The 70-unit development's density works out to the equivalent of 117 units per acre -- far more than most housing in the city. Though each compact unit is a 400 square feet, they're all designed to "live larger," with fold-out tables and curtain-covered closets, said Diane Harvey Dittmar, Alta Housing's project manager.

Hanging from the front of the building are glass panels that project colorful artwork based on the direction of the sun. Artwork for Luna Vista was designed by clients from the Morgan Autism Center.

While under development, Luna Vista had a reputation for being extremely expensive to build, coming out at more than $700,000 per unit and requiring a city subsidy exceeding $22 million. Despite the huge need for affordable housing, the $49.4 million price tag on the project was enough to give Mountain View City Council members heartburn.

At the time, Alta Housing officials cited the high cost of land as the culprit, but since then construction costs have soared as well. Recent projects to come before the city, including one on La Avenida and another on Montecito Avenue, cost a comparable amount per unit.

Though cost-conscious and careful to keep the price down, Alta Housing CEO Randy Tsuda said they didn't skimp, and strategically used extra money to create a "great" living environment to serve tenants regardless of their income. Added amenities including a communal lobby and balcony on every floor, along with a spacious roof deck with a view that extends to the Bay.

"It proves you can do that for an affordable project, not just in the expensive market-rate projects that we're seeing," Tsuda said.

Rather than create a box-shaped building mirroring other residential development down El Camino, Tsuda said there was a strategic use of warm materials and a large, curved feature on the front. The design was inspired by some of the older buildings that used to exist on El Camino, Tsuda said, similar to the streamlined modern style of old drive-ins and gas stations.

Relative to other cities in the Bay Area, Mountain View has built a significant amount of housing in recent years, including hundreds of units for low-income residents and families. But it still falls well short of affordable housing targets set forth by the state. Between 2015 and 2023, the city was asked to build 1,833 deed-restricted, below-market rate units, but city staff reports from earlier this year show the city had only issued permits for 448 units -- less than a quarter of the target.

The shortfall doesn't bode well for the city's newest housing goals. California's Regional Housing Needs Assessment (RHNA) calls for Mountain View to zone for 11,135 new homes, which includes a target of 6,255 deed-restricted units for lower-income households -- an order of magnitude more than what has historically been built in the city. Early strategies for meeting that ambitious target include finding new funding sources and partnering with other agencies to help pay for the high cost of housing.

Alta Housing, for its part, is expected to be one of the players to help Mountain View reach its affordable housing target, with plans already in the works to redevelop a downtown parking lot and build a 105-unit complex next door to Public Storage.

Comments

Bruce Karney
Registered user
Old Mountain View
on Nov 19, 2021 at 3:16 pm
Bruce Karney, Old Mountain View
Registered user
on Nov 19, 2021 at 3:16 pm

I drove by that building just a few hours ago and thought, "wow, that's a really nice looking building!" I like the colors and the curving shape that welcomes one into the entrance. I had no idea that it was designed for low income residents. I lived in a 300 sq. ft studio when I was in graduate school at Berkeley and can attest that it's sufficient for one person. An extra 100 sq. ft. would be enough for two people, I think. That Berkeley building, at Hearst and Euclid, was 50-60 years old at the time and is still standing. It's west-facing views of the Golden Gate Bridge, San Francisco and Mount Tam were outstanding too.


SRB
Registered user
St. Francis Acres
on Nov 19, 2021 at 6:02 pm
SRB, St. Francis Acres
Registered user
on Nov 19, 2021 at 6:02 pm

Will have to walk by to look up that glass art work. A very creative public art installation.


Leslie Bain
Registered user
Cuesta Park
on Nov 20, 2021 at 1:02 pm
Leslie Bain, Cuesta Park
Registered user
on Nov 20, 2021 at 1:02 pm

[comment removed because of editing issues]


Leslie Bain
Registered user
Cuesta Park
on Nov 20, 2021 at 1:23 pm
Leslie Bain, Cuesta Park
Registered user
on Nov 20, 2021 at 1:23 pm

Congratulations to city officials who made Luna Vista possible! Lessons to be learned:

o “Despite the huge need for affordable housing, the $49.4 million price tag on the project was enough to give Mountain View City Council members heartburn.”

Luna Vista would not have come about without ADDITIONAL FUNDING from the city. The key to affordable housing is not zoning – the key is FUNDING!

o “Between 2015 and 2023, the city was asked to build 1,833 deed-restricted, below-market rate units ... the city had only issued permits for 448 units -- less than a quarter of the target.”

Yikes! What consequences are served when targets are not met? None!

“The RHNA process doesn't require that the units get built, only that there is adequate zoning and a clear path for developers to build the homes.” www.mv-voice.com/news/2021/10/21/mountain-view-lays-out-plans-to-zone-for-11135-new-homes-under-new-state-requirements

Meanwhile, the city OVER-DELIVERED on units that are only “affordable” to the highest wage earners (3,771 permits were issued, more than 3X the target of 1,093). And another 3,311 units were either “approved, not issued” or under planning review! The numbers show that developers wildly prefer to build expensive market-rate housing over projects such as Luna Vista.

Friends, a little game is being played to generate support for zoning changes that make it easier for developers to “build, baby, build.” Low-income and average wage earners think they will benefit from these changes, but they won't. Without ADDITIONAL FUNDING from government or elsewhere, only techies will be able to “afford” the vast majority of newly constructed housing.

Even worse: “By ratcheting up density, [Robert Cox, a former planning commissioner] said the city runs the risk of accelerating redevelopment and the loss of older, more affordable apartments.” www.mv-voice.com/news/2021/10/21/mountain-view-lays-out-plans-to-zone-for-11135-new-homes-under-new-state-requirements


ivg
Registered user
Another Mountain View Neighborhood
on Nov 20, 2021 at 9:12 pm
ivg, Another Mountain View Neighborhood
Registered user
on Nov 20, 2021 at 9:12 pm

$700k per unit x 6000 deed-restricted units required = $4.2 billion.


Steven Nelson
Registered user
Cuesta Park
on Nov 21, 2021 at 10:30 am
Steven Nelson, Cuesta Park
Registered user
on Nov 21, 2021 at 10:30 am

@ivg, U are right, it does not "pencil out". Congrads to Randy T. for transforming from a city planning director to a low-and-moderate income director!

@L. Bain, If the city council, would relentlessly refuse to approve 'in lieu of' substitutions for BMR (Below Market Rate) housing units in all residential development [maybe take that legislate city code option off-the-books?] do you think that would move the numbers in the right direction? The ABAG might have a fit though - it would have to decide if iron-clad BMR number enforcement, even if it decreased total unit builds, was a reasonable region-wide policy.

Or?


Leslie Bain
Registered user
Cuesta Park
on Nov 21, 2021 at 10:37 am
Leslie Bain, Cuesta Park
Registered user
on Nov 21, 2021 at 10:37 am

Exactly, ivg! $4.2 billion is a pretty big number, right? Where will it come from? We know it certainly won't come from developers, they do their best to cheap out on costs in order to maximize their profits. Even if City Council holds them to BMR targets. They don't want to pay for schools, parks, or to establish new transportation solutions. And oh yes, PARKING! How could I forget to mention PARKING? Developers want to build as few parking spots as they can get away with, preferably none.

Without that money, the latest RHNA targets to deliver 6000 affordable units for the neediest in our community most certainly won't be met. Guess what will happen then? Nothing! Those numbers are simply being put out to confuse the public, to gain support for zoning changes that will help certain powerful players make tons of $$$.

"In this special report, Housing Is A Human Right advocacy journalist Patrick Range McDonald reveals the financial ties and behind-the-scenes connections between Big Tech, California YIMBY, and State Sen. Scott Wiener. ... this investigation shows that these powerful forces have banded together to push a troubling, pro-gentrification housing agenda in California." - Web Link

By then, developers will once again have OVER-DELIVERED on units that are only “affordable” to the highest wage earners. That's what gentrification is all about. Increase the Area Median Income (AMI) in a community, which drives out those at the lower end of the pay scale, including persons of color.

Even the highest wage earners cheering on these zoning changes in order to buy something in MV will have been conned, because market-rate RENTAL UNITS are where the real $$$ is.

"Charging Wildly Inflated Rents, Corporate Landlords Are Living Extravagant Lifestyles" - Web Link


Leslie Bain
Registered user
Cuesta Park
on Nov 21, 2021 at 1:23 pm
Leslie Bain, Cuesta Park
Registered user
on Nov 21, 2021 at 1:23 pm

@Steven, 15% of 40,000 = 6,000

If the city council, would relentlessly refuse to approve 'in lieu of' substitutions for BMR (Below Market Rate) housing units in all residential development, then 40,000 housing units would need to be constructed in order to achieve 6,000 BMR units.

RHNA has "only" asked Mountain View to grow 11,135 housing units in total ("nearly a 30% increase over today's housing stock")- Web Link

15% of 11,135 = 1,670

If the city council manages to achieve the goal of 11,135 housing units and relentlessly refused to approve 'in lieu of' substitutions for BMR (Below Market Rate) housing units, less than one third of the target (6,000) would be added.

Meanwhile (11,135-1670) = 9,465 expensive market-rate units would be created. At a minimum.

Once again, the math doesn't add up.


LongResident
Registered user
another community
on Nov 21, 2021 at 1:42 pm
LongResident, another community
Registered user
on Nov 21, 2021 at 1:42 pm

Yeah, it's just not believable that these BMR unit targets will be met, because of the high cost. The old myth was that they would be funded by market rate unit construction. It's not projects paying in lieu fees that messes this up. It's the fact that the LARGEST component of BMR ever required is about 20%. This means you'd have to build 4 times as much market rate new housing all units subject to required including of BMR. That many new market rate is not going to happen either. It's something like 6 times the city's RHNA goal for market rate housing.

The right number to do this with required BMR would be say if each new project had to be 65% BMR and only 35% market rate.

On the other hand, even if 1/3 of the number of BMR units gets built as targeted that will help a lot. This needs state and federal funding. Finally, both are starting to provide more such funding, but it's not enough. Maybe it will be enough to fund 1/3 of the RHNA target though!

It's been pretty obvious that FUNDING for BMR was what was missing, not ZONING. This has been clear for a LONG TIME. The developer interests have worked to couch this as being a Zoning issue, as have the YIMBY element. This is just greed capitalism from both of them. Trickle down economics. Gag.


Frank Richards
Registered user
Cuesta Park
on Nov 21, 2021 at 2:44 pm
Frank Richards, Cuesta Park
Registered user
on Nov 21, 2021 at 2:44 pm

Leslie, you have a lot of complaints, but no real solution. The folks that think there should be more homes are at least consistent: if we are going to fund subsidized housing with new market-rate homes, we'll need to build far more market rate homes than RHNA allocates. Another solution would be to fund it with property taxes.

I assume you will be donating your home as subsidized housing, rather than selling it for market rate?


LongResident
Registered user
another community
on Nov 21, 2021 at 7:43 pm
LongResident, another community
Registered user
on Nov 21, 2021 at 7:43 pm

Leslie Bain is right that the numbers being tossed around have no chance of ever happening, much less under the scenario of not coming from tax money. $4.2 Billion in BMR funding needed just for Mountain View's target for the next 8 years. Property tax money goes mostly to schools, for operations. The total value of all property being taxed in Mountain View is around $30 Billion. So to take it out of property tax revenue, a new levy of about 14% would be needed. So if you apartment is being taxed currently based on it being worth $500K, the new added annual property tax would amount to $10K per year. Simply raise the rent for all existing apartments by $10K per year, and we can pay for the new BMR units.

Hmmm. And of course houses are worth more, so each house would only need to pay an extra $20K per year in new property taxes. Simple according to F. Richards above.

The numbers don't work out. The RHNA quotas are an unfunded mandate as to the BMR component, and an unreasonable plan as to the market rate part.


Frank Richards
Registered user
Cuesta Park
on Nov 21, 2021 at 8:46 pm
Frank Richards, Cuesta Park
Registered user
on Nov 21, 2021 at 8:46 pm

That would only be about a 1% increase in property taxes for Mountain View. It's unlikely that the taxes would be passed on to tenants, simply because that's not how rents are set. If they could charge $10K more, they would already be doing so.


LongResident
Registered user
another community
on Nov 22, 2021 at 12:29 pm
LongResident, another community
Registered user
on Nov 22, 2021 at 12:29 pm

The $4.2 Billion over 8 years would be something like a 1400% increase in property tax for Mountain View property owners, including office properties. It most certainly would show up in rents, if it ever happened, but it won't because it's too much to even consider. Currently the property tax rate is 1% total with 3/4 of that going to the various school districts and Junior colleges and county office of education.


Frank Richards
Registered user
Cuesta Park
on Nov 22, 2021 at 2:15 pm
Frank Richards, Cuesta Park
Registered user
on Nov 22, 2021 at 2:15 pm

The median home price in Mountain View is roughly $2M now, so you only need an additional 1% to raise $20K annually.


LongResident
Registered user
another community
on Nov 22, 2021 at 3:20 pm
LongResident, another community
Registered user
on Nov 22, 2021 at 3:20 pm

The housing values do not average as high as $2M per unit. The majority of units are apartments. The average taxable value is well under $1M. There are 33,000 total housing units. Including other properties like offices and stores, the total assessed value in $33 Billion. So you need 3 times the current rate of property tax to raise $600 M more per year over 8 years, and not just on housing units. The Rate would be 3%, but that's a 200% increase amount, every year for 8 years.


Frank Richards
Registered user
Cuesta Park
on Nov 22, 2021 at 3:45 pm
Frank Richards, Cuesta Park
Registered user
on Nov 22, 2021 at 3:45 pm

I didn't say anything about "per unit," which seems like you're just trying to mislead with statistics (pretty roode if you ask me). With the median home selling for $2M, we would only need to tax that land value at an additional 1% to take in $20K more per year.


Leslie Bain
Registered user
Cuesta Park
on Nov 22, 2021 at 7:27 pm
Leslie Bain, Cuesta Park
Registered user
on Nov 22, 2021 at 7:27 pm

My first comment: “The key to affordable housing is not zoning – the key is FUNDING!” This is not a complaint, it is the only solution. Luna Vista would not have come about without ADDITIONAL FUNDING from the city. In order for similar projects to proceed, FUNDING must be provided for them. We have a housing affordability crisis because of the LACK OF HOUSING being built for low-income and average wage earners. And a weird theory is being peddled that the way to help these people is to build thousands and thousands of expensive market-rate units that they cannot possibly afford! It doesn't make any sense.

The logical way to help low wage earners is to construct thousands of units that they ACTUALLY CAN AFFORD. But it takes FUNDING. The only reason that BMR units are built today is because the city forces developers to build it. Between 15-25% of the units are supposed to be BMR. The funding comes from developers, but they try to wriggle out of it. From 2015-2023, only 12% of units constructed were actually BMR.

If RHNA demands that MV build 11,135 units and that 6,000 be BMR, math requires that 54% of all units (6,000/11,135) be BMR. The city council should adopt and enforce this requirement until 6,000 BMR units have been built. Afterwards they can lower it back down to 15%-25%. Those who feel 54% is a ridiculous number (and I agree) need to take the matter up with RHNA. As @LongResident said, “The numbers don't work out. The RHNA quotas are an unfunded mandate as to the BMR component, and an unreasonable plan as to the market rate part.”

Where can we find more funding for BMR? We need Prop 15, so large and wealthy biz pays property taxes based on the original price of their real estate, instead of frozen rates. According to yimbyaction.org, “Prop 15 will raise approximately $6.5 to $11.5 billion — 60% for cities, counties and special districts, and 40% for schools and community colleges." Web Link


Frank Richards
Registered user
Cuesta Park
on Nov 22, 2021 at 9:18 pm
Frank Richards, Cuesta Park
Registered user
on Nov 22, 2021 at 9:18 pm

Why stop there, Leslie? Let's really reach for it and only approve 100% BMR housing! We can pick up the market-rate construction once that goal is achieved.


Leslie Bain
Registered user
Cuesta Park
on Nov 24, 2021 at 7:20 pm
Leslie Bain, Cuesta Park
Registered user
on Nov 24, 2021 at 7:20 pm

Suppose we do stay on our current path, using only developer funding for BMR units. From 2015-2023, regardless of city "requirements" only 12% of housing units were BMR.

12% of 50,000 = 6,000

Frank is correct when he says "we'll need to build far more market rate homes than RHNA allocates." In order to obtain 6,000 affordable units, 44,000 units would be built for residents who earn >120% of Area Median Income. We will need to MORE THAN DOUBLE today's housing stock(!), with developers paying as little as they possibly can for schools, parks, transportation and parking. The result sounds like a little slice of heaven, doesn't it? Who doesn't dream of raising kids in a place with dark streets, overcrowded schools, and minimal parks?

Remember, those 44,000 units would only be "affordable" to the highest wage earners. Census data shows that AMI for MV in 2019 was $147,917 with an MOE of $15,480. Web Link . 120% of $147,917 is $177,500.

Which means: 88% of the new housing being built today is intended for households with an annual income of $175K or more! Census data also shows that a little over half (51%) of MV households in 2019 had incomes of $150K or less. Pro-density supporters claim that they are fighting "for our children and non-techies to be able to live in Mountain View", they don't seem to understand that their plan is deeply, deeply flawed.

We are building out MV as if it were a mansion. The vast majority of it (88%) is being constructed for techies, while a small portion (12%) is reluctantly built for the hired help. THIS IS GENTRIFICATION ON STEROIDS! We are building in a way that provides the best chance of living here to the folks who earn at least 175K.

The key to affordable housing is FUNDING! Relying on developers alone for it will not help low-income or average wage earners.


Frank Richards
Registered user
Cuesta Park
on Nov 24, 2021 at 10:49 pm
Frank Richards, Cuesta Park
Registered user
on Nov 24, 2021 at 10:49 pm

Aw, I'm sorry you're too scared to respond to me directly, Leslie. Why not do only 100% BMR development until our RHNA numbers are achieved?

To show your dedication to your beliefs, you definitely won't sell your home at market rate, right, Leslie?


LongResident
Registered user
another community
on Nov 28, 2021 at 7:17 pm
LongResident, another community
Registered user
on Nov 28, 2021 at 7:17 pm

Well, there is supposed to be more public funding available for building BMR units. It's probably not enough but it's better than we had seen in the past. This won't be done by requiring developers to pay for 20% BMR units within their projects, but that's an incremental help. Reality says that the demand for the new luxury complexes is satiated for a while. There have probably been too many of those built as of the current date. Instead of large apartment complexes we are seeing more expensive still (per unit) but smaller complexes, which always displace existing housing options. That's the reality going forward. A lot the new BMR units will now go toward serving those who have been displaced.

The simple reason we can't mandate all-BMR on new construction is that it is unconstitutional to take private property without compensation. Owners have a right to switch to the gentrified housing if they wish, and sure enough that's what's happening. Some of the original owners have already sold to developers, and more will do that. A number of the older smaller complexes are already owned by giant REIT's who planned ahead to eventually replacing them. Depending on how they do it, they can escape the need to include BMR units in the revamped complexes, and that's what they have been doing so far.


Frank Richards
Registered user
Cuesta Park
on Nov 28, 2021 at 8:24 pm
Frank Richards, Cuesta Park
Registered user
on Nov 28, 2021 at 8:24 pm

If the demand for "luxury" (I have to assume you mean market-rate) has been satiated and we've already built "too many" of them, why do rents continue to rise?

Bracing myself for the classic, roode hand-waving.


LongResident
Registered user
another community
on Nov 28, 2021 at 10:39 pm
LongResident, another community
Registered user
on Nov 28, 2021 at 10:39 pm

No, I mean that the "market rate" housing built in Mountain View of late has all been luxury housing of one form or another. Now they are just shifting to more expensive (smaller projects "boutique" ownership type) luxury housing, but the units built already are marketed as luxury housing. See Web Link for example. It's only getting more fancy. Developers only build luxury apartments as market rate, but it could be possible to build market rate without luxury. I'm not saying it's unavoidable, only referring to what has been happening. Presumably there's a reason why the non luxury segment is not profitable in this area. Could it be the $20 Million per acre price on land?


Frank Richards
Registered user
Cuesta Park
on Nov 28, 2021 at 11:10 pm
Frank Richards, Cuesta Park
Registered user
on Nov 28, 2021 at 11:10 pm

"Luxury" is a marketing term and has no actual meaning outside that. Surely, they didn't fool you with that, did they?


Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.

Post a comment

In order to encourage respectful and thoughtful discussion, commenting on stories is available to those who are registered users. If you are already a registered user and the commenting form is not below, you need to log in. If you are not registered, you can do so here.

Please make sure your comments are truthful, on-topic and do not disrespect another poster. Don't be snarky or belittling. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

See our announcement about requiring registration for commenting.