patrick.net

I do not believe in karma, strictly. There are no zero-sum games.

Give 'em hell Ray.

...continuing on my thought. I always thought the way to do affordable housing was to encourage builders to build reasonably nice 2 or 3 bedroom apartment in decent school districts.

I do not believe in karma, strictly. There are no zero-sum games.

Huh? They are all zero-sum games. :)

Peter P,

Do you have delete privilege?

Peter P,

Buddhists ought to be glad that they don't get audited. They report some crazy numbers (of lifetimes).

Ray,
Wow, at least you heard back from that guy. I've written to the Mayor of Alameda, several newspapers, and of course all the senators and the Govna' a few times, and nobody except one of the newspapers got back to me, and the person who emailed me from the paper was doing so because he too was pissed that a newspaper editor can't afford anything in town. I think most local politicians would rather just look the other way and stay out of it, which is probably wise because either stand they take will ultimatly put mud on their hands.

Ray W,

I gave you my take on affordable housing, what's your take on affordable house?

Huh? They are all zero-sum games. :)

Then again, I doubt even the Universe is a purely closed system. Not a zero-sum game. ;)

If the universe was a close karmic system, that means everytime we do something with good karma, someone else is forced to take on bad karma to balance...

I was involved in Belmont politics a few years ago, mostly regarding housing-related issues. I spent a lot of time working with a couple of city council members regarding development issues.

Here's what I came away with from my experience spending too much time interacting with the bowels of city government:

1. If you are reading this blog then you are too smart to be wasting time with your city government, unless you have a rare bunch of people running your town (unlikely), or you live in a city with a history of real politics (that is, the state and even national parties take an interest in getting candidates into office in your city).

2. Absent of the exceptions above, the people who rise to political office are those who are most recognizable. This tends to favor reatlors(tm), a very few local business people, and rarely a long-time activist resident.

3. Most of the people running the city have a good heart, but lack the experience, education, or practical knowledge to interpret the complex issues before them.

4. In this vacuum, policy tends to be (a) poorly considered usually with lots of nasty unintended consequences, (b) populist; whatever tends to quiet down the chronic complainers, which by the way are people who have spent the past 25years bitching about the same stupid personal annoyance, (c) self-serving; see real-estate agents.

In Belmont we had a certain unnamed, infamous realtor(tm) who rose to mayor, only to have approved an illegal McMansion development (in a closed session if I recall correctly), which was land acquired by a business partner, and subsequently sold to developers for a few million (as an option, dependent upon approval) from which she directly profited. She came under pressure, resigned, and is still very popular in town. She got to keep her money too, and the little "zoned for 8 houses" area proudly boasts some 30+ overpriced McMansions. I have no doubt that if she ran for mayor again, she'd win. Everyone recognizes her picture, being it's on signs all over town.

The lesson I came away with: "life is too short to waste time herding cats".

**not political advice

Ray W,

Just an excerpt of my cynicism towards city governance:

which has yet to make it past the Planning Department and to the public for a full discussion on the pros and cons. I haven’t yet formulated an opinion, and I won’t, until this matter is before the full City Council, and you have an opportunity to be heard.

Yea yea, that's what we heard a bunch of times in Belmont too. Translation: "I've already made up my mind, but will hide behind formality until this issue has become confused and frustrating. Hopefully no earnest, organized grass-roots efforts arise to counter the proposal, which I shall encourage by refusing to comment on the issue. I'll seek legal advice from our incompetent, subcontracted municipal lawyer which will result in our losing the next 3 years city budget in lawsuits even if the Council votes no anyway. So hey, by the time I push this thing through, you and everyone else should be thanking me."

Have you guys checked out ..

http://overvalued.blogspot.com/

lately...funny...

@Ray W & Astrid,

I have removed the private phone numbers & email addresses from Ray's posts. Unfortunately, neither I, Peter P, Randy H, nor SQT can moderate each other's threads, only those of other people.

City commissions are different in every city. In Belmont they had little to no power and the Council overruled the recommendations of the commissions whenever they wanted to, often in closed session. They can close session whever things get "rowdy", meaning someone speaks emotionally in open debate.

Your mileage may vary.

One piece of unsolicited advice: don't underestimate the power of formality or sound-bite good intentions. If they hold an "affordable housing workshop" and you don't participate and contribute, then they'll discredit you on the subject thereafter. If they label bad housing as "affordable housing", then you cannot attack it directly, or you'll be labeled as a NIMBY, racist, elitist, etc. It's very Orwellian and depressing.

I can't edit comments in a top-level admin's thread (none of us can). So SQT, HARM, Peter P and myself cannot edit each other's threads.

HARM, if you see this, strike the email from the OC.

Randy H, it's already done --see my above comment.

@HARM

I have committed the sin of not scrolling up. My apologies. ;)

Ray W,

Agreed. I guess my only caution is that city government uses "time commitment' as a barrier to entry. If you are going to fight this battle and have it be anything but a complete and utter waste of your time, then you have to invest in it heavily. You must get involved, go to every council meeting, join a commission, and show up to every workshop. Take council members to coffee, help allies campaign, carry little signs around on election day. You have to spend an enormous amount of time on other issues in order to get them to champion your issue.

Something about an analogy to how one makes sausage fits in here.

Ray W and tannebaum,

What's your opinion about the Pleasanton - Dublin - Danville RE market ? I am trying to keep a watch on Morgan Hill and Pleasanton like secondary markets to make a guess about the Cupertino area. (No offense intended by calling these secondary markets. To me, Software job center is Redwood City to San Jose, and is a primary market.)

Thanks.

...or you can start your own grass-roots, organized movement. Then you're trading herding cats for herding A.D.D. ferrets.

Ray,

While I agree that CA desperately needs more housing affordable for working class families, I'm doubt that more "well meaning" government coercion is necessarily the answer. As you said, "cities are not incent[iviz]ed to build owner occupiable worker housing. It doesn’t bring in the revenue like commercial space does or luxury homes do". Let's also not forget the massive credit/speculation-induced bubble we're in right now.

Ignoring the effects of the current credit/asset bubble for this discussion, we can partly thank Prop. 13 for artificially limiting supply long-term. What little housing that does get approved tends to be upscale high-end McMansions that will bring in the most amount of tax revenue per SFT for city/state government. For the most part, local government does not want to "waste" valuable real estate on housing, especially low-tax revenue worker housing --they'd rather approve more high-revenue commercial developments. We can of course also thank ingrained CA NIMBYism for most voters being adamantly opposed to any form of higher density housing (townhomes, condos, etc.), which might increase affordable supply.

I think if we rolled back the RE development laws/regulations to pre-1970s (when housing was still broadly affordable here), dropped the NIMBY mentality and let the free market work its magic, there would soon be no "affordable housing" crisis (again this is ignoring the effects of the current credit/asset bubble on prices).

Sometimes LESS (government) is MORE.

My Sanskrit is really rustic. The word "karma" has many meanings, all related.

The simplest meaning is "actions" - as in someting you do. It refers to the cause and not consequences.

The most famous hymn from Geeta literally says - "You have the right to choose your karma (actions), but not their consequences".

Then again, I doubt even the Universe is a purely closed system. Not a zero-sum game.

What if the universe is an infinite but closed system?

Is the Infinite Hotel a zero-sum game? :)

Peter P,

Entropy will get us all in the end.

Re: discussion of government control

I know most of you think Dailykos and similar left leaning organizations are full of wack jobs. (and my behavior on this board may have left the impression that such organizations are filled with wack job nymphos) But I think Kos has created a great model for putting responsible and caring people into local offices. They've gathered some knee jerkers, but a lot of the people there are willing to follow a good argument and even change their minds on occasion. They're also good ways to reach campaign donors and workers.

Ray W,

I agree with you. Most of these attempts to build affordable housing is putting a bandaid on a gushing wound. Furthermore, the few affordable houses are basically lottery winnings for people savvy or lucky enough to win.

I still think allowing more apartments and townhouses is the way to do it. Even the tiniest house in Pleasanton is now over $600,000, no way can that be affordable. With more small, market rate rental housing, poor teachers and city workers can at least live close to where they work.

Ray W,

Though you really can't blame the city government per se. Most cities prefer to have lots of tax revenue and low crime.

Also, Pleasanton does have a motorcycle, drag race problem. Those jerks race at 1 in the morning on streets lined with street facing apartments.

Randy H,

As for your story on Belmont, I think your former mayor belongs in prison or at least should be forced to pay the city every cent she made on the deal.

Regarding government:

"For what are states but large bandit bands, and what are bandit bands but small states?"
-St. Augustine of Hippo

Taxation is theft. Fannie Mae helped create the housing bubble that will ruin many sheep. Franklin Raines, ex-CEO of Fannie, cooked the books, and left a future bankruptcy.

"Taxation is theft."

Huh. Oh yeah, let's go burn down city hall and create our pure anarchist paradise now!

Not!

'intaxication'
a new word for our glossary
The new tax assessment that the FBs didn't forsee!

SQT,

I have this list. It's a list of total a$$holes. Some are in politics, sports, some are in commerce but most of those on "the list" are either former co-workers, neighbors or rude people you see everyday (commute, grocery store etc.) Mind you, I don't add to this list indiscriminately and seldom is one offense sufficient to land yourself on "the list". That said, once you've made my list, there are only two ways out. Total exposure for the AH fraud that you are and....... death. I seldom hold a grudge against people once they are already quite dead. Again though, I've made some exceptions over the years. From time to time a crooked politician or greedy businessman will die from a heart attack while being "restrained" in a sleazy hotel with "Mistress Helga" and if the police have to bring the wife down to identify the AH corpse this is sufficient humiliation to be taken off the list, albeit posthumously. They are then downgraded to J.O.

Ahem, trash talking, know nothing screw everybody mortgage brokers are on the list.

Or
the euphoria of watching the FBs get their new, reassessed tax bills!

Be careful...if you spend too much on the house you might get intaxicated!

One of the main criteria to landing on "the list" (and trust me this list is written in stone b/c they ALL eventually meet their end) is to go about business with the attitude that as long as you are willing to exploit others that you can always make a good living.

Din OR
Has anybody ever redeemed themselves and been taken off the list?

Linda in LLL,

Uh let me check, no.

Regrettably this falls under "fool me twice". Like the phone scam artists that take seniors money and then after a few months go back to the very same people and ask for money so they can go after the "guys" that screwed them in the first scam.

Linda in LLL,

I actually heard a mortgage broker's commercial today in the car that went something like this, it's so contorted I'll just have to do my best.

"That's right Sue! We went to XYZ Mortgage a year ago and they got us a really good deal. They put us in the "perfect" mortgage for us. Now that we're ready to refinance we'll definitely use XYZ Mortgage again!"

Come on! Now that we're ready to refinance? I thought this was the "perfect" mortgage? Run, RUN!

There is not just one housing bubble, but two bubbles stacked on top of each other.

Jason, have you considered participation on this site in any form other than links to the futurist?