After securing approval from City Hall last year, a proposal to demolish three homes on North California Avenue and to construct three larger homes on the site may plunge back into uncertainty on Monday night, when the City Council considers an appeal from neighbors who say they haven't been adequately notified about the project.
The appeal was filed by Beatrix Cashmore and Nicholas Kaposhilin, whose homes are also located on the 900 block of North California Avenue, near Louis Road. The appellants are seeking to overturn the approval that the applicant, Greg Xiong, received from the city last fall for the three-home project.
Under the proposal, which the Architectural Review Board approved in September, the three existing homes would be demolished and replaced with three two-story homes. Each of the new homes would have basements and the largest one would also have an accessory dwelling unit.
Normally, a project involving single-story homes gets approved by the Planning and Community Environment Department without public hearings. But when three or more homes are involved, the project requires a review by the city's Architectural Review Board before it can gets the city's stamp of approval. The only time a project of the sort gets to the council is when a resident files an appeal, which is what happened in this case.
The council had a chance on Jan. 9 to deny the appeal and reaffirm the planning director's approval. Instead, after several council members raised questions about some of the details of the applications, members agreed to continue the item to Jan. 23. The appeal remains on the council's "consent calendar," where various items get approved by a single vote without discussion.
The appeal from Cashmore and Kaposhilin claims that neither they or any of their neighbors had received notices from the city about the Sept. 15 public hearing on the project (none of them spoke at the Architectural Review Board meeting). A project of this scope, they wrote in the appeal, "is unusual and input from local residents about management of potentially disruptive or unsafe effects on the neighborhood should be addressed in collaboration with project planners."
Planning staff maintain that the project "met and exceeded" the standard noticing requirements, which include a published notice in a newspaper (in this case, the Weekly) and mailers to properties within 600 feet of the property.
"Staff is unable to attest as to whether the appellant actually received the notice, which is subject to other variables beyond the city's control, including proper postal delivery and what an individual or family member does with the notice and the amount of attention paid to the notice when received," a new report from the Department of Planning and Community Environment states.
The appeal also raises specific concerns about management of commuter and bicycle traffic during the construction season and about the lack of parking being made available to construction workers. Cashmore and Kaposhilin are also requesting that the council delve deeper into plans to monitor the effects of basement construction -- specifically, the "dewatering," also known as the pumping out of groundwater that would have to occur for basement construction.
But Palo Alto officials maintain that existing conditions already address the dewatering issue. The city is requiring Xiong to commission a geotechnical report listing the "highest anticipated groundwater level." The city's Public Works Department may also require that all groundwater be tested for contaminants before the initial discharge and at intervals during dewatering.
"It is anticipated that this review combined with standard practices and the department's evolving policies on this topic will ensure that dewatering impacts will be minimized," the staff report states.
Comments
Registered user
Duveneck/St. Francis
on Jan 18, 2017 at 11:07 am
Registered user
on Jan 18, 2017 at 11:07 am
Is the applicant, Greg Xiong, going to live in all three houses? Is he a developer? Is he working on behalf of someone else? Is this the same Greg Xiong that built a new home at 2130 Byron in 2014-2015, also designed by Kohler? Web Link
A little background into this and plans for the homes would be nice to have.
Embarcadero Oaks/Leland
on Jan 18, 2017 at 11:16 am
on Jan 18, 2017 at 11:16 am
[Post removed.]
Barron Park
on Jan 18, 2017 at 11:26 am
on Jan 18, 2017 at 11:26 am
Kohler. Of course.
Downtown North
on Jan 18, 2017 at 11:59 am
on Jan 18, 2017 at 11:59 am
and same greg as on Magnolia with Kohler. Mr Xiong must be doing well for himself!
Registered user
Evergreen Park
on Jan 18, 2017 at 12:15 pm
Registered user
on Jan 18, 2017 at 12:15 pm
Three more smaller older more affordable homes levelled and replaced by completely unaffordable mega million dollar mansions. Of course, as long as the new build abides by the city codes, the property owner has the right to build these homes, and to sell them to the highest bidder. Unfortunately for some of us, the character of Palo Alto is being completely transformed into such an exclusive suburb that only very high wealth individuals can afford to live here. Such is progress.
Even highly paid professionals like Kate Downing can't compete. As we discovered when she so publicly (and furiously) brought worldwide media attention to Palo Alto with her accusation that the city could not not provide her and her husband, earning $325K a year between them and with a $2.5 million housing budget, the opportunity to buy a suitable home they would want to raise a family in. So who can?
Hemmed in by the bay, the mountains, Mountain View (a much larger city) and Menlo Park (a much smaller city) where is there land to build new tracts of family housing for all those families who would love to live in Palo Alto and have their children attend our schools.? All the orchards are gone.
Or perhaps there will be an earthquake.
Registered user
Midtown
on Jan 18, 2017 at 12:28 pm
Registered user
on Jan 18, 2017 at 12:28 pm
[Post removed.]
Crescent Park
on Jan 18, 2017 at 1:08 pm
on Jan 18, 2017 at 1:08 pm
[Post removed.]
Old Palo Alto
on Jan 18, 2017 at 2:02 pm
on Jan 18, 2017 at 2:02 pm
The City staff likes to play "hide the weany" and not inform neighbors about pending changes in their neighborhoods. Staff hates the residents of Palo Alto and tries to keep neighbors out of the loop. Very sneaky, unethical behavior on the part of the city staff.
Registered user
Evergreen Park
on Jan 18, 2017 at 2:16 pm
Registered user
on Jan 18, 2017 at 2:16 pm
Hardly surprising in that they can no longer afford to live in Palo Alto.
Community Center
on Jan 18, 2017 at 2:29 pm
on Jan 18, 2017 at 2:29 pm
[Portion removed.]
It appears that everything was done according to zoning and law. Construction workers have a right to any available parking on the same or nearby streets. There is no requirement for special parking permissions.
Another Palo Alto neighborhood
on Jan 18, 2017 at 4:00 pm
on Jan 18, 2017 at 4:00 pm
@jh,
Your point was completely nullified when you brought up Downing. She makes twice what we do and probably doesn't have the medical and kids' expenses. The claim that she can't afford a house in Palo Alto is just a bald-faced self-serving grand-standing lie. The proof is that she and her husband went and bought a big home somewhere else for an amount they could buy here in Palo Alto, just not in the style they would like to live.
Also, you have a very egocentric view of Palo Alto. The residents of those towns are not suffering through hell until they can get a Palo Alto zip code. I have a friend with a home inMtn Vw and one in PA, and they live in the Mtn Vw home and rent out the PA one.
That whole narrative is just incorrect.
Registered user
Midtown
on Jan 18, 2017 at 5:07 pm
Registered user
on Jan 18, 2017 at 5:07 pm
[Post removed.]
Community Center
on Jan 18, 2017 at 5:08 pm
on Jan 18, 2017 at 5:08 pm
The PACC and the US Government are not going to do anything about foreign investments in residential properties so we'd better get used to being priced up and out. Just think of all the taxes the state and county get to collect on those newly build and sold homes!
PA is all about that moneyyyyyyyyyyyy. You're crazy if you think any government agency is going to do anything to curb this type of free market activity. It's up to the people and the neighbors to do anything about it, and good luck with that.
Registered user
Embarcadero Oaks/Leland
on Jan 18, 2017 at 5:10 pm
Registered user
on Jan 18, 2017 at 5:10 pm
Kate Downing and her husband could have easily bought a house in Palo on a combined income of nearly 350,00 dollars a year, only not a house as large as the one they purchased in Santa Cruz. Their PR campaign in which they portrayed themselves as the typical poor handsomely paid professionals who still couldn't own a house in Palo Alto despite their high income, because the nasty baby boomers home owners were so exclusionary, can't be described as anything but fraudulent.
Registered user
Evergreen Park
on Jan 18, 2017 at 6:57 pm
Registered user
on Jan 18, 2017 at 6:57 pm
[Post removed.]
Registered user
Evergreen Park
on Jan 18, 2017 at 8:34 pm
Registered user
on Jan 18, 2017 at 8:34 pm
@ resident
Your opinion of Kate Downing is exactly the conclusion that I would expect readers of my post to come to, without my having to spell it out as you did. You also misunderstood my comment about our adjacent towns. The point I was making is that there is nowhere for Palo Alto to expand and build more housing tracts, excluding our parks and nature preserves that is. Palo Alto council have a long record of being friendly to expanding commercial development, to the point apparently where there are now about 120,000 people who commute to their jobs in Palo Alto every day, many of whom have long slow commutes. I also can see no reason anyone living in any of the surrounding towns would want to move to Palo Alto.
Midtown
on Jan 18, 2017 at 10:27 pm
on Jan 18, 2017 at 10:27 pm
These three houses belong to one 30,000 sqft lot. Mr. Xiong has been quite considerate, in my view, to have proposed only divide the lot into three very large sub lots.
If, as some commentators complained, that Mr. Xiong should make his houses "more affordable", I'm sure he would be happy to re-zone the lot to high-density and pack as much square footage as possible, say 50,000 sqft, into town houses. He will get much better return for his money.
But of course neighbors would be up in arms and reject such a crazy idea.
[Portion removed.]
Registered user
Evergreen Park
on Jan 19, 2017 at 2:14 am
Registered user
on Jan 19, 2017 at 2:14 am
This area is probably zoned R-1, with a minimum lot size allowed of approximately 7,200 sq ft, which would allow for four houses. Possibly 5 if special permission was requested and granted to to subdivide the property into 5 slightly smaller than the standard minimum lot size.
Registered user
Leland Manor/Garland Drive
on Jan 19, 2017 at 8:01 am
Registered user
on Jan 19, 2017 at 8:01 am
The co her of north California and Louis is a very visible corner and the City's required drawing of the proposed homes was displayed for months. It was hard to miss. I do agree that a plan for construction parking would be beneficial since the corne is also a big bike commute route to Jordan, Duveneck, Paly and Ohlone.
Midtown
on Jan 19, 2017 at 9:26 am
on Jan 19, 2017 at 9:26 am
@jh, zoning can be changed. Perhaps Mr. Xiong could have solicited Palo Alto Forward and submit a rezoning application, to play up the liberal guilt. It's a corner lot on a busy intersection. Once neighbors voice their fury he can then propose the three-house plan.
Five smaller houses would be better for Mr. Xiong financially as well. He chose the most generous three-house plan to appease the neighbors. No good deed goes unpunished.
Registered user
Midtown
on Jan 19, 2017 at 9:29 am
Registered user
on Jan 19, 2017 at 9:29 am
[Post removed.]
Old Palo Alto
on Jan 19, 2017 at 1:23 pm
on Jan 19, 2017 at 1:23 pm
[Post removed.]
Crescent Park
on Jan 19, 2017 at 1:23 pm
on Jan 19, 2017 at 1:23 pm
Honestly...did you think that through before you typed it up?
Proceeds from any project (or company for that matter) can go offshore at any time - no matter if you're a foreign national, in-process for citizenship or a US citizen.
Crescent Park
on Jan 19, 2017 at 1:27 pm
on Jan 19, 2017 at 1:27 pm
@ Me 2: At one point those homeowners were new to PA and were the ones paying the higher property taxes. It all balances out in the end. Pay more up front and then more affordable when your income drops off in your senior years (which was on the goals for Prop. 13 back in the 70's). Back then seniors were being forced to sell their homes because the property taxes were rising at an exponential rate. And the CA legislature was spending like no one's business.
Old Palo Alto
on Jan 19, 2017 at 1:51 pm
on Jan 19, 2017 at 1:51 pm
"It all balances out in the end. "
No it doesn't. Prop 13 has made home ownership much more expensive to recent residents -- more so than if Prop 13 didn't exist -- by reducing the natural turnover of real estate and thereby reducing inventory available to the market.
Less inventory, higher prices. Supply and demand 101. Housing prices are much more expensive now because of Prop 13. And consequently, recent residents pay more than their fair share of property tax.
You're telling me that it somehow works out that the recent residents pay 10-15x the property tax that older residents are paying will work out "in the end?"
Seriously?
Community Center
on Jan 19, 2017 at 2:47 pm
on Jan 19, 2017 at 2:47 pm
The same developer demolished 1820 Bret Harte and submitted a plan for a two-story house with only one car garage (that counts toward the maximum allowable square footage) and a car port ( which does not count toward the allowable square footage). After getting architecture approval, they changed the plan by adding a 1600 sq basement (or something like that, you can search the city permit database). The addition DOES NOT need to go thru architecture review because it does not change the look and feel and does not impact the allowable square footage. Now after two years of construction, the house is parked with at least two big cars on the street which is narrower than other Palo Alto streets, and often with a few cars visiting. It is about time law and the process be changed so a or any new house cannot be deceptively built and to eliminate loopsholes such as pigging back in something significant.
Midtown
on Jan 19, 2017 at 5:32 pm
on Jan 19, 2017 at 5:32 pm
Prop 13 is not the reason for high housing prices. Think about Stockton, Tracy, Fresno, and Inland Valley in Southern California. They have Prop 13 too. But not much of a housing crisis.
I think one of the causes is rental. Palo Alto is more than 40% rental. Maybe city council can pass some ordinance to discourage rental of single family houses. A rental occupancy tax, or something like that. Otherwise long time owners enjoy the low property tax base while the city has to spend a lot more to service the renters. Not sure if the council has the power though.
Old Palo Alto
on Jan 19, 2017 at 6:16 pm
on Jan 19, 2017 at 6:16 pm
"Prop 13 is not the reason for high housing prices. Think about Stockton, Tracy, Fresno, and Inland Valley in Southern California. They have Prop 13 too. But not much of a housing crisis."
Economy will always be #1. You, of course, picked locations that have yet emerge from the housing bust.
But Prop 13 was not meant to protect in times of depression.
Prop 13 exacerbates the situation during times of economic growth. When housing prices jump, not only is there more demand, seniors get priced out of the existing market and are locked into their own property. There's nowhere to move.
Have a few economic boom times (and the Fed flooding the market with money post-9/11), and ta-da! Nowhere for Prop 13 beneficiaries to go. Some may claim to want to go to Bolinas, but we know that won't happen.
So yes, Prop 13 is very much to blame.
Duveneck/St. Francis
on Jan 19, 2017 at 8:31 pm
on Jan 19, 2017 at 8:31 pm
I, for one, know that once I retire, I'll be happy that Prop 13 will keep my property taxes "manageable" so I won't be forced to leave the area.
Without Prop 13 the state would be raising taxes daily to fund their wish list of items such as HSR and water tunnels. Taxes in CA are already the highest in the country.
Let's stop using Prop 13 as a crutch. It's been around for a generation, we should be able to adapt in that time.
Old Palo Alto
on Jan 19, 2017 at 9:38 pm
on Jan 19, 2017 at 9:38 pm
"Let's stop using Prop 13 as a crutch."
You first. You clearly are using Prop 13 as a crutch to stay put. Pay your share of taxes.
Midtown
on Jan 19, 2017 at 10:40 pm
on Jan 19, 2017 at 10:40 pm
@Me2, Long time owners who have been residing in their own houses have paid their fair share of the taxes. They built the community. They made the community succeed. As they grow older their kids are out of school. Therefore their need of city services is significantly below average.
Do you ask those who bought Apply or Facebook stocks years ago to give back their gains? Not in this country.
However if the owner moves out of the house and rent it to another family, which probably has young kids, I think it would be a different story, because the renter family will consume a lot of city services, meaning tax dollars, that will be far more than the property tax of this old house under Prop 13. The renter has not made contributions to the community either. In my opinion this is unfair.
Palo Alto has a huge percentage of SFH being rented out. Theses houses can instead be put on market and sold to others, and in the process reduce the housing crisis we are experiencing.
Old Palo Alto
on Jan 20, 2017 at 8:53 am
on Jan 20, 2017 at 8:53 am
"have paid their fair share of the taxes. They built the community. They made the community succeed. As they grow older their kids are out of school. Therefore their need of city services is significantly below average."
So the long time residents keep telling themselves. There's one word for this - rationalization.
How can you say the need for city services is significantly below average? Where's the data on that? Or is that just something you pulled out of the air? For example, with all the alerts for wandering seniors potentially with dementia, you guys are taxing the police more than younger residents. There's potential for higher use of ambulance services.
And, let's talk about this filing to prevent development. That's using city planning resources more than anything else.
So, sorry, I don't buy the "need of city services is significantly below average." This filing by two long time residents tells me you guys use more than your share of city services and PAY LESS FOR IT.
Midtown
on Jan 20, 2017 at 9:15 am
on Jan 20, 2017 at 9:15 am
@Me2, by far the biggest use of property tax is education. Each pupil in the school district costs tax payers somewhere around $10K per year, funded primarily by property tax. Older residents with grownup children don't use this service at all.
Seniors don't drive that much since they don't need to commute to work, schools, etc. So their portion of road maintenance should be lower than average too.
In terms of healthcare costs, it has nothing to do with where you live, or property tax at all. Nothing to do with Prop 13.
Finally as I said before the older generations built the community. They have play crucial roles in making Palo Alto great. They should be able to enjoy the benefit as long as they live in their own houses.
Registered user
Midtown
on Jan 20, 2017 at 10:13 am
Registered user
on Jan 20, 2017 at 10:13 am
[Post removed.]
Registered user
Duveneck/St. Francis
on Jan 20, 2017 at 10:15 am
Registered user
on Jan 20, 2017 at 10:15 am
@ Me 2. What do you consider as someone's "fair share of taxes"? My taxes which go to the school district more than cover their expenditures on my children. I pay my sales and income taxes (the highest in the country, partially to offset Prop 13).
Should we donate our money to the school district so they can hire more administrators they don't need, or build palatial athletic facilities and redundant performance theaters? Or maybe we should give it to our state government so they can spend it such things as high speed rail, or tearing apart 101 months after the widening of 101.
No thanks. The city, county and state get more than their fair share of our money.
Registered user
Evergreen Park
on Jan 20, 2017 at 12:11 pm
Registered user
on Jan 20, 2017 at 12:11 pm
The city council has the data on how much each group of people cost the city. And yes, older people's share of the tax revenue is lower. What has been more recent analysis has uncovered is that revenue from commercial properties does not cover the cost to the city for providing services to them. This information is not secret. If you keep informed you will have heard this discussed at council meetings. But don't ask me for the details.
Commercial property property tax is seldom reassessed because on average they are held onto by the owners for at least 30-50 years, whereas residential property turns over on average every 10 years. In addition, when commercial property does change hands, the way Prop 13 was written allows for legal ways to structure commercial property transactions without triggering a reassessment of the property tax.
.
So if you want to complain about sections of Palo Alto who don't bring in their fair share of revenue to cover their cost to the city think about all the commercial properties in Palo Alto whose tax basis has only risen on average at 2% for 50 years , and which as a resident your taxes are subsidizing.
Old Palo Alto
on Jan 20, 2017 at 1:00 pm
on Jan 20, 2017 at 1:00 pm
@mg2rs:"@Me2, by far the biggest use of property tax is education. Each pupil in the school district costs tax payers somewhere around $10K per year, funded primarily by property tax. Older residents with grownup children don't use this service at all."
So, you're telling me that an educated society is not worth the investment? As long as your own kids got educated, screw everyone else afterwards? You're also saying that the people who have graduated more recently haven't contributed to your life right now?
Now I know why California public education is suffering and why we have to import people from other states to make up for the shortfall.
"Seniors don't drive that much since they don't need to commute to work, schools, etc. So their portion of road maintenance should be lower than average too. "
Road maintenance is supposedly covered by the gas tax and fees for registration.
@Samuel L: "What do you consider as someone's "fair share of taxes"? My taxes which go to the school district more than cover their expenditures on my children. I pay my sales and income taxes (the highest in the country, partially to offset Prop 13)."
That's always the question. Sounds like long term residents feel entitled to paying 1/10 the taxes that recently moved in residents pay. Just because.
@jh:"The city council has the data on how much each group of people cost the city. And yes, older people's share of the tax revenue is lower."
Where's the data? I haven't seen any published report of this. Sounds bogus to me, but I would welcome an opportunity to view the data and understand the methodology behind what they're claiming.
Registered user
Leland Manor/Garland Drive
on Jan 20, 2017 at 1:31 pm
Registered user
on Jan 20, 2017 at 1:31 pm
Single famiky homes owned by senior citizens will continue to be rented rather than sold because the tax on the sale would be huge (until the owner passes away), the rental income MORE than covers the property tax cost and real estate in palo alto increases in value more than the stock market. Simply put, its a better financial decision to keep a SFH and rent it.
Registered user
Duveneck/St. Francis
on Jan 20, 2017 at 4:55 pm
Registered user
on Jan 20, 2017 at 4:55 pm
@Me 2 "Sounds like long term residents feel entitled to paying 1/10 the taxes that recently moved in residents pay. Just because."
Some long term residents actually are entitled to pay 1/10th the taxes of those that have moved here recently. It's what the law tells them to pay. But, if someone moves to Palo Alto and buys a $2.5M house, their property taxes will be a bit over $25K. There are very few people in Palo Alto that pay $2,500/yr in property taxes, so your example is a bit of an exaggeration. And, again, what do you want them to do? Should they voluntarily give money to new residents so they can afford their tax payments? Or give it to the government?
That makes no sense. People pay what's on their tax bill. Can't hold it against them just because they got here first. Sounds more like sour grapes. We pay more in property taxes than many of our neighbors. I say, good for them. Why should I be bitter at them?
another community
on Jan 20, 2017 at 5:01 pm
on Jan 20, 2017 at 5:01 pm
Renting out properties with low tax base to families with kids in the school system is little more than parasitism. Not allowing these homes to turn over give free rides to many who do not need it, decreases the housing stock (driving up prices), and raises state income taxes. Most new PA homeowners are well into AMT territory.
As for fairness, Prop 13 allows low tax base owners to shift bond servicing costs on to high tax base owners. Why wouldn’t I vote for new bond to fund new infrastructure if I only need to pay 1/20 extra cost that my neighbor pays for the same benefit. Fair no, but who can resist self-interest? Just don’t mistake principle for self-interest.
The choice between Prop 13 and the pre-1978 CA tax system is a false dichotomy . There are many other alternatives to Prop 13. Many counties (not in CA) allow property taxes on senior to be deferred until after death.
Old Palo Alto
on Jan 20, 2017 at 8:35 pm
on Jan 20, 2017 at 8:35 pm
"We pay more in property taxes than many of our neighbors. I say, good for them. Why should I be bitter at them?"
Because their residentialist desires of trying to freeze everything to the 1970s and 80s is negatively impacting Palo Alto and California. Their Me Generation attitude that is killing our schools and ossifying our neighborhoods. They're also more likely to be the xenophobes that want to keep so called "foreigners" (even ones that are born in the states) out.
And you're asking me why I'm bitter? They're killing Palo Alto with their selfishness.
Registered user
Leland Manor/Garland Drive
on Jan 20, 2017 at 9:15 pm
Registered user
on Jan 20, 2017 at 9:15 pm
Me 2, my parents own a home they bought for 50k in the 1960's. It is now worth 4,000,000. assuming they have done minimal upgrades, if they sell,, they would be taxed on 3,0500,00 of profit, almost 800k in taxes. If our family keeps the property until they pass away, the taxable amount is the current market value. We can sell it without paying 800k in taxes. Prop,13 has created a financial,incentive NOT to sell.
Downtown North
on Jan 23, 2017 at 7:17 pm
on Jan 23, 2017 at 7:17 pm
Of course, Kate Downing crocodile housing tears obfuscate the "housing" problem. There is a housing problem but not for the likes of her. She didn't buy in Palo Alto (according to JH's numbers) because she didn't like what was offered , she wanted more or different and that it perfectly fine but please skip the whining. There are plenty of highly paid people who recently bought property in Palo Alto raising families (at the price point mentioned). So let us concentrate where the need is-the people who are not highly paid. Leave crocodile tears for those who enjoy the spectacle, just not inflict those "alternative facts" upon the unsuspected....
Registered user
Downtown North
on Jan 23, 2017 at 11:07 pm
Registered user
on Jan 23, 2017 at 11:07 pm
[Post removed.]
Triple El
on Mar 25, 2017 at 4:32 pm
on Mar 25, 2017 at 4:32 pm
The order, starting time, and duration of the agenda item for 900 California Avenue on the Monday, March 27 City Council agenda have been changed. The original agenda had 900 California as the last action item, with an estimated starting time of 8:30 pm, and an estimated length of 90 minutes. The revised agenda has 900 California as the first action item, with an estimated starting time of 5:50 pm, and an estimated length of only 25 minutes. As always, these are just estimates. The actual starting time for this agenda item can be anytime after the meeting starts at 4:30 pm, and 900 California can start at 5:50, before 5:50, or after 5:50, and nobody knows how long it will actually take.
Barron Park
on Mar 26, 2017 at 10:30 am
on Mar 26, 2017 at 10:30 am
Me 2 -- housing prices went up and will continue to go up because more and more companies keep moving here despite the high costs of housing. It would make more sense if these companies would build elsewhere in CA or in another state that has a tech hub.
Another problem are the foreign investors. We have a house on our block that recently sold and was immediately turned into a rental. That drives up housing prices, not Prop 13. Prop 13 protects residents as they continue to reside in their houses. That goes for those who bought many years ago and for those who buy today.
The real issue is why companies continue to move here and/or expand here.
Mountain View
on Mar 26, 2017 at 2:35 pm
on Mar 26, 2017 at 2:35 pm
Companies continue to move and expand to here because we're an innovation hub. We're the innovation hub of the world. And quite frankly I want them to keep coming here. The more companies that centralize in the same space, the more competition you have for workers, plus it's easier for companies and individuals to collaborate. Stop trying to kill off the job market here by telling companies to go elsewhere. What's hurting us is homeowners refusing to allow high density housing in their cities, not that a company wants to move here.
Another Palo Alto neighborhood
on Mar 26, 2017 at 3:53 pm
on Mar 26, 2017 at 3:53 pm
@YIMBY,
You are living in the past. The time when "we" were the world's hub for innovation is long gone. The companies flooding into the area are very conventional corporate entities (like financial services) who have come to the area hoping to be part of an innovation gold rush that reach its zenith 25-30 years ago.
Mountain View
on Mar 27, 2017 at 2:12 am
on Mar 27, 2017 at 2:12 am
As much as you'd love to believe that the Golden Age of Innovation was in your heyday 20 years ago, that perception is completely divorced from reality.