So who would the potential beneficiaries be? The people that could profit through the rezoning of these properties for possible high-density development? Wealthy developers, of course. One of the hardest commodities to come by in this largely built-out area is property to build on. And developers are always looking for new places to do just that. It's what they do. And unless they are constructing something, they aren't getting any richer. Which is why they exert so much pressure on Sacramento to juice up RHNA numbers. This really is about money, you know.
Now the canard that we keep hearing is that these new 16 (or whatever) unit barns would be built for the benefit of low income people. But, and as Karen Warner took some pains to point out, once finished there are no real guarantees that these joints will be either rented or sold at a level considered to be low income. They could very well end up being moved for whatever the market will bear. Which is where the real money is.
So if that is a conceivable likelihood, what exactly are we talking about here? Can it be that by initiating planning that could result in separating Sierra Madre's poorest residents from their current homes, what we are really doing here is starting a process that could make property available for the needs of wealthy developers? That is a perspective that somehow never seems to get considered.
We've all heard about green washing. Can it be this is poor washing? Public Relations use of low income people and their housing challenges to justify grabbing their property for the actual benefit of people who are wealthy? While in reality just making the low income housing situation worse?
Consider this to be an open thread.