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November 22, 2004

Cretinism Defined

It's rare when one gets concentrated political stupidity all at one shot, but the City of Davis seems to have a fine entry in the Cretin Awards for 2004. From the Sacramento Bee comes this report about central planning gone wild:

Hoping to get a leg up on rising home prices, Davis is climbing the economic ladder to reach the next rung of families who need help finding affordable housing: those earning nearly $100,000.

The City Council has approved a plan requiring builders to make 25 percent of homes in new developments affordable for middle-income buyers, defined as families of four who earn $72,240 to $96,320 annually. The rule is on top of an existing 25 percent requirement for low-and moderate-income buyers, who earn $30,100 to $72,240 for a four-member household.

In addition, officials want folks who work in Davis to get first dibs on the affordable homes. Some who don't work, however - including retirees and those with disabilities - also would get preferences. Meanwhile, the city is studying a cap that would limit residential growth to 250 units annually.
Boy, I sure hope I know someone on the Housing Subsidy Preference Commission.

UPDATE: The consensus here at work is that all the available subsidized housing will go to city employees and retirees.

(via California Insider)

Posted by Kevin Murphy at November 22, 2004 09:55 AM | TrackBack