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Response to RobertSF (Reply #1)

Fri Apr 3, 2015, 12:38 PM

2. Even small homes in Berkeley are selling for over a million

A local cal professor wrote an article about how she couldn't trade up to a slightly better house because her neighborhood was now a million dollar neighborhood, and the article got gang-rushed by renters who couldn't afford to buy a house at all - or worse were being displaced from housing by the greed of property-flipping landlords in the hot market.

Damn Mayor Bates teeny tiny smoking charcoal lump of a soul.

Years ago he and his wife Loni Hancock (former Mayor of Berkeley, now a State Senator) rich'splained that we couldn't have low income housing in Berkeley because developing property downtown would clash with zoning laws and general aesthetics - and it was just impossible for Berkeley to grow any further. Now there are MULTIPLE projects for these luxury condos - some 18 story buildings going up downtown. Berkeley has plenty of room to grow for people who can pay $6000+/month!

The "lefties" on the City Council who tried to stop it were painted as getting in the way of progress, and, worse, housing. But no one who is losing their housing now is going to be housed in these condos.

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daredtowork Apr 2015 OP
RobertSF Apr 2015 #1
LineLineNew Reply Even small homes in Berkeley are selling for over a million
daredtowork Apr 2015 #2
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