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Marc Andreessen slams new multi-family affordable housing
21–30 of 141 posts
Re: Marc Andreessen slams new multi-family affordable housing
#22>“I am writing this letter to communicate our IMMENSE objection to the creation of multifamily overlay zones in Atherton,” wrote Andreessen and his wife Laura Arrillaga-Andreessen in an email. “Please IMMEDIATELY REMOVE all multifamily overlay zoning projects from the Housing Element which will be submitted to the state in July. They will MASSIVELY decrease our home values, the quality of life of ourselves and our ne…
>They will MASSIVELY decrease our home values...
Your net worth is $1.7 billion, you can fuck off with your concern about that one home of yours experiencing a dip in value.
I realize this comment isn't in the typical spirit of an HN comment, but that's just gross.
Re: Marc Andreessen slams new multi-family affordable housing
#23>“I am writing this letter to communicate our IMMENSE objection to the creation of multifamily overlay zones in Atherton,” wrote Andreessen and his wife Laura Arrillaga-Andreessen in an email. “Please IMMEDIATELY REMOVE all multifamily overlay zoning projects from the Housing Element which will be submitted to the state in July. They will MASSIVELY decrease our home values, the quality of life of ourselves and our ne…
I don’t understand why NIMBY hate is in vogue. What’s wrong with letting a nice town stay nice? We don’t need to turn everything to shit just to satiate socialist schadenfreude. Build it somewhere else
Socialist? Letting you build whatever you want on your own property is the spirit of capitalism. NIMBYs are the ones who want every town to be run by central planning.
Re: Marc Andreessen slams new multi-family affordable housing
#24>“I am writing this letter to communicate our IMMENSE objection to the creation of multifamily overlay zones in Atherton,” wrote Andreessen and his wife Laura Arrillaga-Andreessen in an email. “Please IMMEDIATELY REMOVE all multifamily overlay zoning projects from the Housing Element which will be submitted to the state in July. They will MASSIVELY decrease our home values, the quality of life of ourselves and our ne…
I really don’t understand this mindset, shouldn’t you stop caring about money at a certain point? So what if one of your houses decreases in value, you’re set for life. Is it some weird money obsession/disease?
Re: Marc Andreessen slams new multi-family affordable housing
#25Sadly, this is all very predictably Bay Area progressive. Yes, I'll put up the BLM sign on my window, but no, you cannot build anything for the riffraff near my Victorian, we wouldn't want to endanger the historic character of this neighborhood.
Re: Marc Andreessen slams new multi-family affordable housing
#26I have always wondered my community (Park City, UT) is spending money to build affordable housing rather then just paying subsidies to make existing housing more affordable. The estimated cost for the last development under consideration was something like $600,000 dollars for one unit, and that was a few years ago. I bought my market-rate condo at under $300,000 a few years before. There are plenty of lower-cost uni…
Because the population has grown more than supply in most of the western world, leading the existing housing supply as a shortfall situation versus demand that exists. Therefore by subsidising purchases and thereby increasing the purchasing power of each buyer, you just end up removing one limiting factor on sellers increasing prices, and most of the subsidy ends up pocketed by the sellers in the form of increased house prices, which is both inflationary and not the policy goal of these programs.
Re: Marc Andreessen slams new multi-family affordable housing
#27>“I am writing this letter to communicate our IMMENSE objection to the creation of multifamily overlay zones in Atherton,” wrote Andreessen and his wife Laura Arrillaga-Andreessen in an email. “Please IMMEDIATELY REMOVE all multifamily overlay zoning projects from the Housing Element which will be submitted to the state in July. They will MASSIVELY decrease our home values, the quality of life of ourselves and our ne…
I really don’t understand this mindset, shouldn’t you stop caring about money at a certain point? So what if one of your houses decreases in value, you’re set for life. Is it some weird money obsession/disease?
Once you're in the tres commas club, the money disease is fatal.
Re: Marc Andreessen slams new multi-family affordable housing
#28Earlier quoted context omitted.
I don’t understand why NIMBY hate is in vogue. What’s wrong with letting a nice town stay nice? We don’t need to turn everything to shit just to satiate socialist schadenfreude. Build it somewhere else
If that's how you think, then at least I hope you're not writing massive essays asking (the rest of) the entire the nation to build more housing, even if it makes neighbourhoods ugly.
There's plenty of space in the US. Grow wide, not dense. It's good policy.
Re: Marc Andreessen slams new multi-family affordable housing
#29Aside from all the hypocrisy etc... isn't this concept just plain wrong? Doesn't more housing + business increase the property value of an area? I could see the first-order effects being a reduction of surrounding property as supply increases, but the second order effects of more people are almost always accretive. The downtown area of a city is typically some of the most expensive real estate.
Re: Marc Andreessen slams new multi-family affordable housing
#30>“I am writing this letter to communicate our IMMENSE objection to the creation of multifamily overlay zones in Atherton,” wrote Andreessen and his wife Laura Arrillaga-Andreessen in an email. “Please IMMEDIATELY REMOVE all multifamily overlay zoning projects from the Housing Element which will be submitted to the state in July. They will MASSIVELY decrease our home values, the quality of life of ourselves and our ne…
I don’t understand why NIMBY hate is in vogue. What’s wrong with letting a nice town stay nice? We don’t need to turn everything to shit just to satiate socialist schadenfreude. Build it somewhere else
"Build it somewhere else"
Usually if the solution seems that simple, and you think everyone else is an idiot for not realizing it, then they are not the ones being idiots. It's a pattern we should all consider when we "don't understand" a widely understood concept.