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Socialism Establishes Foothold In Southern California With Affordable Housing Mandates

SkyChief

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Irvine will require developers to build affordable homes as a condition of the new "Inclusionary Housing Ordinance". The mandate requires developers of new residential projects either include affordable housing on-site OR pay punitive fees.

This is another huge fail for California government control of manufacture and distribution of goods and services (socialism).

I'm not a developer, but if I were, I would build real estate where it was more profitable - not in some socialist town that will punish me for sacrificing profits for DEI nonsense. I would build in a city that doesn't punish developers for building new housing.

This is a really dumb move by the City of Irvine. When developers take their business elsewhere, I suspect that the City of Irvine will repeal this idiotic ordinance.

Irvine used to be a beautiful city. Now they are forced to deal with high-density housing, and the crime which will inevitably follow - driving property values down.

Socialism sucks.


source: https://www.cityofirvine.org/affordable-housing/frequently-asked-questions
 
Lmfao ACTUAL socialism would have consisted of a housing guarantee not simply price controls.

Also when OP tries to rant about government's control of the flow of goods and services let's not forget his authoritarian position on the flow of labor (immigration restrictions). "Libertarian" indeed.
 
Interestingly, they do something similar where I am at the moment, but I think here the developer can get fast tracked approval or something like that for opting to include a % of 'affordable homes' in the development. Seems to be plenty of developers taking up that option so I guess it isn't hurting their finances too much. By your logic, no one would be building affordable homes. And if that is the case the govts/cities position makes sense as there is a genuine need for affordable homes. Building affordable homes doesn't make them unprofitable to build. Developers will undoubtably adjust just fine. The other option would be to designate certain tracts of land for affordable homes, but that will probably be the start of future ghettos etc, where as interspersing affordable homes among more affluent areas should prevent that problem.
 
California has an affordable housing shortage.
 
Excuse me but isn't this part of the story?
Dang, affording people some dignity is something to be frowned upon? Who knew?
 
NolanVoyd said:
California has an affordable housing shortage.
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So people seeking affordable housing should buy in states where housing is more affordable.

Irvine is a beautiful city because the median home price is $1.6 Million. If the government forces developers to build low-priced houses, then crime will follow, and property values will decline.
 
SkyChief said:
Then people seeking affordable housing should buy in states where housing is more affordable.

Irvine is a beautiful city because the median home price is $1.6 Million. If the housing market is forced down, then crime will follow.
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I fail to see the compassion in your post.
 
NY has building requirements for new projects to include a certain amount of affordable housing or units. Even the little village I work in is looking to have builders include affordable housing in their projects. It's run by all Republicans. Also to qualify for nys grants affordable housing is part of the equation. Senior housing is also a major issue. I don't think you have any idea what socialism is or about housing.
 
We're talking about California.

I have relatives who own properties in Irvine. In the past, Irvine boasted the lowest crime rate (per capita) in the U.S.

That will be a thing of the past. Inevitably, with high-density, low income housing comes crime. This will drive property values down.

The Free Market has worked very well for Irvine, but this new government mandate will hurt the people who live there.
 

Thank god for Socialism.
 
Only poor people are crooks?
 
So this really is about your relatives? Well, maybe with the value of their homes their property taxes will go down and they can afford to put bars on their windows.

BTW I live in what could be classified as an "upscale" neighborhood. When we moved here 18 years ago, there were people living in a tent encampment by a railroad track less than half a mile away. That is now gone, but there are plenty of low-income apartments still remaining and we've never experienced any crime in the time we've lived here. And our home values have doubled.
 
dseag2 said:
So this really is about your relatives? Well, maybe with the value of their homes their property taxes will go down and they can afford to put bars on their windows.
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No it's NOT about my relatives. It's about ALL property owners in Irvine.

They are gonna get screwed by the government. Their $ 1.6 million dollar estates will plummet in value when the crime rate inevitably goes up.

Hopefully, when the Irvine City Council realizes what a stupid move they made, they will repeal the ordinance, and let the Free Market return Irvine to its place as one of the most desirable cities to live in.
 
Read my edited post.

"BTW I live in what could be classified as an "upscale" neighborhood. When we moved here 18 years ago, there were people living in a tent encampment by a railroad track less than half a mile away. That is now gone, but there are plenty of low-income apartments still remaining and we've never experienced any crime in the time we've lived here. And our home values have doubled."
 
So Mara Lago is about to be over-run.
 
The problem is due to zoning restrictions and generally accepted minimum standards for housing builder are forced to build middle class housing and earmark that as low-income housing. They can only do that through heavy goverment subsidies. The real solution would be to build the micro sized minimalist apartments in extremely high density buildings and charge accordingly. This is common in Asia but in the USA we have this belief that everyone deserves middle class housing. I live in Seattle and I have seen how poorly unitized low-income housing is. There's a shortage of units but people are simply hording units. I've seen co-habituating couples spit up and take two units. Go to one of these building and observe the lobby. It's almost always strangely empty.
 

I'm having trouble following your logic. What are you saying?
 
Who is going to wait their tables, mow their lawns,, tend their bars, sell them clothes......police their streets, teach their kids, etc?
 
If built near where high employment opportunities exist, not a bad idea.
 
SkyChief said:
Now they are forced to deal with high-density housing
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OP is stupid on several levels. But what is this? What did high density housing do to you?

Dawg. Its a city. Yeah...they have high density housing...
 
SkyChief said:
They are gonna get screwed by the government. Their $ 1.6 million dollar estates will plummet in value when the crime rate inevitably goes up.
Click to expand...
WON'T SOMEONE THINK OF THE ESTATE OWNERS?!
 
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