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Marc Andreessen slams new multi-family affordable housing

fortune.com

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Re: Marc Andreessen slams new multi-family affordable housing

#101

Post by harambae »

washbrain wrote: post #72
mbesto wrote: post #36

Earlier quoted context omitted.

> 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?

This quote is hilarious to me. Sell it to who, Ben? Sell it to who? "Want to buy my land?" "Sure, why are you selling?" "It'll be literally devoured by the seas soon and totally worthless." "That sounds like a great investment. Sold!"

"Sell the homes to who... Aquaman?" [0]

https://youtu.be/0-w-pdqwiBw?t=16

Re: Marc Andreessen slams new multi-family affordable housing

#102

Post by imapeopleperson »

washbrain wrote: post #40
AnonMessiah wrote: post #19

Earlier quoted context omitted.

How does more housing ruin a town?

Peopleperson is trying to dodge around saying they don't want to live near people who are lower income. Often this is a way of saying, "I don't want people with different ethnic, racial, or cultural backgrounds near me." It's pretty transparent discrimination, tbh.

No post body was provided.

Re: Marc Andreessen slams new multi-family affordable housing

#103

Post by metadat »

amluto wrote: post #100
helloworld11 wrote: post #6

>“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…

This has always seemed like a very weak argument, almost like a straw man that people believe in for some reason. Even intuitively, why would one expect that reducing land use restrictions would devalue land? But let’s try actual, if low quality, numbers: Houses near Atherton, in Menlo Park, seem to sell for around $500k-$1M per 1000 sq ft of lot size. That’s $500 - $1000 per sq ft lot. Houses in Atherton, supposed h…

If it were really about money, you'd be correct. It's really about control, though.

The whole point of Atherton is privacy- the property owners don't want other living human beings within earshot.

Re: Marc Andreessen slams new multi-family affordable housing

#104

Post by amluto »

metadat wrote: post #103
amluto wrote: post #100

Earlier quoted context omitted.

This has always seemed like a very weak argument, almost like a straw man that people believe in for some reason. Even intuitively, why would one expect that reducing land use restrictions would devalue land? But let’s try actual, if low quality, numbers: Houses near Atherton, in Menlo Park, seem to sell for around $500k-$1M per 1000 sq ft of lot size. That’s $500 - $1000 per sq ft lot. Houses in Atherton, supposed h…

If it were really about money, you'd be correct. It's really about control, though. The whole point of Atherton is privacy- the property owners don't want other living human beings within earshot.

…which one can achieve fairly well by owning a huge piece of land and building in the middle of it.

In any case, this may be what Andreesen is thinking, but it’s not what he wrote.

Re: Marc Andreessen slams new multi-family affordable housing

#106

Post by philosopher1234 »

helloworld11 wrote: post #18
imapeopleperson wrote: post #11

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

I have nowhere near the same problem with someone who claims the things Andreesesen does in his angry rebuke of this project, if that person doesn't at the same time preach for elsewhere what they very visibly don't want to practice close to home. Again, this is why NIMBYsm is so detested, not so much because of its specific arguments but because of its often overtly disgusting hypocrisy.

I hate nimbys for their effect on the world, not their hypocrisy. Even if mark andressen wasn’t a two faced bastard I’d hate him.

Re: Marc Andreessen slams new multi-family affordable housing

#107

Post by philosopher1234 »

djbebs wrote: post #66
imapeopleperson wrote: post #11

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

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.

Boo hoo, mark andressen the billionaire experiences minor inconvenience. Sometimes the government seizing private land is good.

Re: Marc Andreessen slams new multi-family affordable housing

#109

Post by throw0101a »

bko wrote: post #92
mstipetic wrote: post #24

Earlier quoted context omitted.

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?

I think it's an excuse. The real reason is probably he doesn't want his neighborhood transformed. If your neighborhood is tree lined single family homes, you may not want multi-family living that breaks the "character" of your neighborhood. Lower prices also attract less affluent people, would increase school sizes, etc. I still think it's hypocritical, but I don't think its about just the home value. Do you feel the…

> The real reason is probably he doesn't want his neighborhood transformed.

Oh the Urbanity! recently did a (7m) video on this, 'The Problem of “Neighborhood Character”':

* https://www.youtube.com/watch?v=9bkC8YlBxoM

Re: Marc Andreessen slams new multi-family affordable housing

#110

Post by kurupt213 »

mushufasa wrote: post #29

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.

no. rezoning to multifamily housing in single family housing areas pretty much always lowers the value of the single family housing units. crime goes up, schools get worse. it's all relative, but it's a real phenomenon.

if people wanted to live by multifamily housing they would live in the city. people move to suburbs to escape dense housing.

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