California requires cities and towns to build low and middle-income housing regardless of any considerations. The state decides how many units they must have and doesn’t consider whether they have the space to do it.
Santa Monica discovered they needed to build units or lose zoning or pay a $10,000 a day fine. California requires hi-rises in mixed-use zoning for these affordable units.
This is precisely what the UN has called for.
The low-income housing is primarily for all the illegal migrants pouring in. They will completely change the character of Santa Monica. From what the research shows, they are committing a lot of crimes. They aren’t like legal immigrants who commit few crimes relative to the native population.
The Mayor of Santa Monica:
“The state of California has required us to build almost 9,000 units that have to be affordable. That’s an issue.
“We don’t have areas of vacant land, so we’re literally going to take probably Bergamot art station. We’re going to take empty parking lots on Main Street in Santa Monica, anything we can to try and satisfy the state because their law is we have to provide the units.
“If we don’t provide them, starting in 2029, we can get fined about $10,000 a day by the state, or they can completely negate our zoning laws.
The Mayor said the money is coming from the state of California or, somewhere, federal government grants for affordable housing. We’re providing the land so that we can get affordable housing built.
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This is really funny, You all do understand the fabulous mystery that has monopolized and controls your housing market, I hope? Bankers, Corporations, Hedge Funds and even International Governments ( China) have colluded with your government ( recall, the 20-trillion given to bailout the derivatives?) to buy up and collateralize all your SFHs and Rents into their Derivatives Packages. Black Rock is going Ape buying 10,000 homes at a time, my area only, and thereby they have tremendous monopoly power to control and set prices bringing even more gain to their Derivatives! They keep all the Inventory off the Market and thereby make prices Scream!
The problem is that most people cannot afford Million-Dollar Housing in the Ghetto. Most people cannot pay 5-grand annually in property tax. Many on fixed income Elders will become homeless; while big corporations come in and buy their homes for 1/2 price on foreclosure. They will then throw some paint on the shoddy home to hide all the rotten structure and market it for 300k. They
ll get it too; because they own the Banks and the Relators! They add this to their derivatives portfolos and then rake you over the coals for a mortgage feeding the interest to their shareholders. They make Bank! You become Homeless, America.Get Big Corporaions/ Wall Street out of the Housing Market or your Children will be 2-dollar Prostitutes, America. Read what I wrote , and read it again, because I am very wise. I have known this for decades and it just keeps going and going.
Seriously, Do you all love your slavery or something? Do you want to race to the bottom to compete to lose everything? Do you all have some kind of sick fettish to "sacrifice to your masters" to engorge them into tremendously rich godlike Billionaire figures whom you can then dream of them passing favor on you or something? Seriously, America, this is all very simple. Doing Nothing is an Astonishing Miracle. Yall know what that property tax is going to do to your Elders? Do you Care? Your Inheritence is going to be Gobbled by Wall Street. DO YOU EVEN CARE or are too many of you Addicted to Opiates?
Why not just build them on top of your Costco, Target, ETC. Lots of wide open spaces there. And plenty of parking space is a bonus.
I read an article that the homeless were causing these fires? Could be. Perhaps, it is not wise to have Million-dollar homes in the Ghetto! You know, the Ghetto is going to Demand Payback. The Homeless will Revolt. Unrestricted Greed will lead to Violence and Blood.
Gee…Santa Monica could torch some of their current single family homes, like they did in LA…
The State does not want a State full of Homeless; because not everyone is ELON MUSK! I know you all want to live on a Desert Island with no Government. You will get your WISH. Soon, Government will be GONE and you
ll all be on your own in the Post Apocalyptic World. Well See how much you miss government then. GO ISRAEL!!!!