Wednesday, April 23, 2014
YOLO COUNTY NEWS
99 CENTS

Make Cannery truly affordable

By
From page A6 | December 03, 2013 | 3 Comments

As The Cannery project moves forward, I propose that the city of Davis put a cap on the resale of any single-story small homes at the site. Wildhorse Phase II built about 20 single-story homes with a square footage of 1,200. The asking price for one of those homes currently is $425,000. Unbelievable.

As I recall, those homes were to remain affordable and have a resale cap. What went awry?

I feel for the retired people of blue-collar jobs or those who were affected by the recent market downturns to their 401(k)s, and those who cannot afford but want to live near their children here.

Davis must not only build affordable housing, but retain it as well.
Andrea Glasgow
Davis

Letters to the Editor

LEAVE A COMMENT

Discussion | 3 comments

The Davis Enterprise does not necessarily condone the comments here, nor does it review every post. Read our full policy

  • Rich RifkinDecember 02, 2013 - 1:30 pm

    "I propose that the city of Davis put a cap on the resale of any single-story small homes at the site." ....... This is an idea which has been tried in the past in markets where supply is short and hence prices are especially high, making them unaffordable to many. The result? Homeowners lose all incentive to maintain their properties over time and the neighborhoods they are in suffer for it. It is much like rent control in that respect. It causes serious blight. ....... A major expense of owning a home (over the long term) is keeping it in good condition. Like any tangible asset, the house will naturally deteriorate over time. If you don't allow the homeowner to recoup his investment in upkeep, he will have no incentive to maintain his property. ......... At the same time, if the market is tight on the supply side, the homeowner will have an incentive to leave his house and rent it out. But still, by denying him all right to get a fair market price upon resale, he'll just let his renters live in a worn-down dump. ........ There are two better approaches to housing affordability. The first is encouraging much greater supply. The second is to forget the idea that low-income earners ought to be homeowners--this was the ethic which helped us get into the 2005-08 bubble--and instead encourage the construction of far more rental properties, including apartment complexes. Doing so will give lower income residents far more leverage than they have in a market with a highly restricted supply of for-rent and for-sale units.

    Reply | Report abusive comment
  • DougDecember 03, 2013 - 12:21 pm

    Thank you Rich for once again bringing clarity to an issue that most people only react to in a knee-jerk, ill informed manner.

    Reply | Report abusive comment
  • Clyde TuttleDecember 03, 2013 - 6:24 pm

    Market downturn? That was in 2008. Get your facts straight before you write a letter.

    Reply | Report abusive comment
.

News

UC Davis biodigester hungers for food scraps, belches out electricity

By Elizabeth Case | From Page: A1 | Gallery

 
New mosaic mural reflects Peña family history

By Jeff Hudson | From Page: A1, 1 Comment | Gallery

Davis businesswoman presides over conference

By Enterprise staff | From Page: A3

 
Bible fun featured at Parents’ Night Out

By Enterprise staff | From Page: A3

Fire damages Woodland home

By Lauren Keene | From Page: A3

 
Davis Arts Center: See ceramics, join the Big Day of Giving

By Erie Vitiello | From Page: A3 | Gallery

Register to vote by May 19

By Enterprise staff | From Page: A3

 
Birch Lane sells garden plants, veggies

By Enterprise staff | From Page: A3

Team Blend hosts fundraiser for Nicaragua project

By Jeff Hudson | From Page: A3

 
Sign up for enviro organizations during Earth Week

By Enterprise staff | From Page: A3

Fundraiser benefits Oakley campaign

By Enterprise staff | From Page: A4

 
Odd Fellows host culinary benefit for nonprofit

By Enterprise staff | From Page: A4

UCD to host premiere of autism documentary

By Cory Golden | From Page: A4

 
400 bikes go up for bids at UCD auction

By Enterprise staff | From Page: A4

Fire crews gather for joint training

By Special to The Enterprise | From Page: A4

 
UFC hears from two local historians

By Enterprise staff | From Page: A4

 
Church hosts discussion of mental health needs, services

By Enterprise staff | From Page: A4

Sunder hosts campaign event for kids

By Enterprise staff | From Page: A4

 
UC Davis conference showcases undergraduate research

By Julia Ann Easley | From Page: A5 | Gallery

Train to become a weather spotter

By Enterprise staff | From Page: A5

 
Fly Fishers talk to focus on healthy streams, rivers

By Enterprise staff | From Page: A5 | Gallery

Learn survival skills at Cache Creek Preserve

By Enterprise staff | From Page: A5

 
Veterans, internees may receive overdue diplomas

By Enterprise staff | From Page: A5

UCD professor to talk about new book

By Enterprise staff | From Page: A5

 
Slow Food tour showcases area’s young farmers

By Enterprise staff | From Page: A10

.

Forum

Will anyone notice?

By Letters to the Editor | From Page: A6

 
My votes reflect city values

By Letters to the Editor | From Page: A6

I support Sunder for board

By Letters to the Editor | From Page: A6

 
A plea on the Bard’s birthday

By Special to The Enterprise | From Page: A6

Sharing fire services has been a success

By Our View | From Page: A6

 
Tom Meyer cartoon

By Debbie Davis | From Page: A6

.

Sports

DHS thunders back to win an epic DVC volleyball match

By Enterprise staff | From Page: B1

 
Seniors send Blue Devil girls past Broncos in a lacrosse rout

By Spencer Ault | From Page: B1 | Gallery

Davis gets to Grant ace and rolls in DVC crucial

By Bruce Gallaudet | From Page: B1 | Gallery

 
Walchli is under par in another Devil victory

By Enterprise staff | From Page: B1

DHS/Franklin I goes to the Blue Devil softballers

By Chris Saur | From Page: B1 | Gallery

 
 
Sharks go up 3-0 with OT win

By The Associated Press | From Page: B8 | Gallery

Baseball roundup: Rangers rally to beat A’s in the ninth

By The Associated Press | From Page: B8

 
.

Features

Field to fork: El Macero’s chef offers spring tastes

By Dan Kennedy | From Page: A8 | Gallery

 
.

Arts

 
Music, wine flow at Fourth Friday

By Enterprise staff | From Page: A9

Biscuits ‘n Honey will play at winery

By Enterprise staff | From Page: A9

 
 
Five Three Oh! featured at April Performers’ Circle

By Enterprise staff | From Page: A9 | Gallery

Celebrate spring at I-House on Sunday

By Enterprise staff | From Page: A9

 
.

Business

.

Obituaries

Catharine ‘Kay’ Lathrop

By Special to The Enterprise | From Page: A4

 
.

Comics

Comics: Wednesday, April 23, 2014

By Creator | From Page: B6