https://n2v.almanacnews.com/square/print/2009/01/20/letter-city-should-not-be-in-the-housing-business

Town Square

Letter: City should not be in the housing business

Original post made on Jan 20, 2009

It's bad enough that the city is losing money in the child care business, but now former Mayor Andy Cohen and the Almanac are pushing the city to become a large-scale landlord by purchasing and refurbishing distressed properties in Belle Haven.

Read the full story here Web Link posted Wednesday, January 14, 2009, 12:00 AM

Comments

Posted by Jack Hickey
a resident of Woodside: Emerald Hills
on Jan 20, 2009 at 11:40 am

Sue Kayton has it right. Government should refrain from competing with the private sector. Regarding housing, take a look at what the San Mateo Community College District has done. Created housing on public land(using negative declarations to get around environmental concerns) which is then made available to District faculty at below market value. This does not show up on the bottom line as an expenditure. Clearly, it is part of a compensation package falling in that category.

Jack Hickey

Report Objectionable Content

Email Town Square Moderator