Upzone the coastal elites
@aboutdave.bsky.social
570 followers 210 following 3.6K posts
Patent attorney, astrophysicist, & Stack-and-Packist 🏙️🥑🔋⛷️. Ready to help enforce state housing law.
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aboutdave.bsky.social
Drag coefficients are brutal at speed.
aboutdave.bsky.social
The risk of a rent reduction for a new home, and big payments to hire movers.
aboutdave.bsky.social
He can make up whatever numbers he wants, there's still no grounds to say the rent controlled homes or any low income tenants are at any risk at all.
aboutdave.bsky.social
I don't care if you hate YIMBYs. You can smear us all you like. But any CADEM regional director that presents such blatant falsehoods about the "loss" of rent controlled housing needs to be kicked out of the party.
aboutdave.bsky.social
Dear reader, it is illegal to replace rent controlled units with luxury housing. Rent controlled units must be replaced on at least a one-to-one basis.

Low income tenants get more than enough to provide them affordable housing until they're able to return to the new housing.
aboutdave.bsky.social
The lies, they continue in his links.
aboutdave.bsky.social
Totally normal response from a CADEM regional leader to the enactment of a CADEM supermajority endorsed housing measure.
aboutdave.bsky.social
Update post Newsom's signature on sb79, which Larry Gross, California Democratic Party regional leader unsuccessfully opposed.

He's now blocked me for highlighting his blatantly misleading propaganda.
aboutdave.bsky.social
I think Larry Gross is being very misleading.

While sb79 allows demolition of rent controlled duplexes, state law requires relocation fees and right of return if there are low income tenants present.

LA also specifically requires the replacement homes to become rent controlled.
aboutdave.bsky.social
Maybe. The details are very fine. If any part of a station counts for example. I think the thing to do is wait for your local jurisdiction to make a map, and/or consult a lawyer if you're really interested.
aboutdave.bsky.social
Station in large city on border, parcels in small city get smaller radii.

Clear?
aboutdave.bsky.social
The smaller radius is only for parcels in a small city.

The larger radius is based on qualified station.

So station in small city on border, parcels in large city get larger radii.
aboutdave.bsky.social
Obviously the law is more complicated than these basic summaries. There's delayed application for unincorporated parcels for example. Don't rely on this, it's background not legal advice. Etc. Etc.
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aboutdave.bsky.social
My understanding is NY often funds their affordability mandates with things like tax breaks.

We .... Don't.....
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aboutdave.bsky.social
Here in CA, there's big vibes of trust fund baby who's operating a nonprofit in the name of tenants, but advancing really bad policy. Feel good performatism over results.
aboutdave.bsky.social
Again, I don't see that from the likes of Mamdani. More like our Dean Preston, or our LA politicians behind ULA (transfer tax sold as taxing mansions, but with outsize impacts on modest apartment building construction, given a flat parcel value trigger)
aboutdave.bsky.social
There's a whole lot of "evil developer trope" here. Just tax the developer. And yes, they should be paying income taxes, but super taxes are counterproductive.

In general, the discounts are massively outweighed by the higher market rents. A very very inefifi wealth transfer.
aboutdave.bsky.social
So it's great policy when it's support for affordable housing, and bad when it becomes exclusively about affordable housing, going so far as to spite and market rate housing even when it has solid gold tenant protections.

I do love that Mamdani is not like that. He embraces the private market.
aboutdave.bsky.social
Forgot to attach.

Btw, bill requires statewide minimum level of affordability, or local requirement, whichever is higher.