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.