low income housing: Oceanside Votes to End Inclusionary Housing Mandate - 02/26/11 05:44 PM
Some days you just have to make yourself a target.  Today is one of those days.
I don't know about you, but I never quite got the concept of inclusionary housing.  What exactly is the point of a developer trying to create an upscale neighborhood only to be forced to include a certain percentage of low income housing (or pay substantial penalties).  There are very different belief systems in the two types of people and the social engineering of forcing the mixture is not necessarily a good thing.
Apparently the Oceanside City Council has decided that this mandate never really worked … (3 comments)

 
Robert T. Boyer, San Diego Real Estate & Mortgage Loans,  Ph.D. | VA Home Loan (FHA Loan, VA Loan, Jumbo Loan,FHA Loans,VA Loans,Jumbo Loans)

Robert T. Boyer

San Diego Real Estate & Mortgage Loans, Ph.D. | VA...

La Jolla, CA

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The San Diego Real Estate Housing Market tends to lead the nation's real estate activities. This blog looks at current activity and trend data, including sales rates, months of inventory, median home price, unemployment, inflation, etc., with an intent to provide timely predictions for our market. Because such a large part of the current market is make up of San Diego Foreclosures and REOs we will also look deeply at how they affect the current environment. Additionally, specific market segments are monitored, such as La Jolla Real Estate, Del Mar Real Estate, Rancho Santa Fe Real Estate, and Carmel Valley Real Estate


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