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Marc Andreessen slams new multi-family affordable housing

fortune.com

61–70 of 141 posts

Re: Marc Andreessen slams new multi-family affordable housing

#61

>“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?

No post body was provided.

Re: Marc Andreessen slams new multi-family affordable housing

#63
post #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.

Do you think he really cares about home values or that he would have to breathe the same air as the poors?

Re: Marc Andreessen slams new multi-family affordable housing

#64
post #36

Earlier 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

> Build it somewhere else Reminds me of a Ben Shapiro quote: Let's say for the sake of argument that all of the water levels around the world rise by, let's say, five feet over the next 100 years. Say 10 feet over the next 100 years. And it puts all of the low-lying areas on the coast underwater. Let's say all of that happens. You think people aren't just going to sell their homes and move?

Fish need housing too!

Re: Marc Andreessen slams new multi-family affordable housing

#65

You see this everywhere, I would be more surprised if it DIDN'T happen. It's why there are almost never (in the USA) bus lines to the fanciest malls or other shopping areas - if you can't even afford a car to get there, you're not wanted there.

And even if you could get a bus, people like Robert Moses designed parkways and bridges such that it was difficult or impossible to route buses to places where wealthy people gathered. See: hostile architecture and architectural exclusion.

Re: Marc Andreessen slams new multi-family affordable housing

#66

>“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

Because its no different from a seizure of private property without due process and compensation.

My land, I decide what gets built there.

Don't like it? Buy it off of me for the price I state.

Re: Marc Andreessen slams new multi-family affordable housing

#67

>“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

Every nice town was a lot nicer in the past. Including Atherton. By that logic, he should tear his house down and give his land to his neighbors, making the town nicer.

Re: Marc Andreessen slams new multi-family affordable housing

#69

Aside 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.

There really isn't what you would call "downtown" Atherton".

Re: Marc Andreessen slams new multi-family affordable housing

#70
Haven't seen it noted that the City of Atherton actually 404'ed the "public comments" on the issue, presumably at Andreessen's request.

Here's the page about the project, with a broken link to public comments: https://www.ci.atherton.ca.us/627/Housing-Element-Update

It also broke the link from the Atlantic's story. Hopefully someone can get their attention to update it to point to an archived version.

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