cawacko
Well-known member
Apartments are commercial properties. They are zoned multi-use residential not purely residential. Apartment complexes are generally owned by the wealthy or by corporations. The people renting them are not owners. The difference is that renters aren't owners whereas with owners in a property the value of the neighborhood generally doesn't decline dramatically like it will with lots of renters, particularly if that neighborhood is in a deteriorating part of town. Gentrification of older neighborhoods is better than turning them into run down slums
The legislation is calling for the scraping of single family zoning and allowing the construction of fourplexes. Fourplexes are residential. Once you get to five units or more that’s commercial. They’re not talking about commercial here. It’s not about putting big multi family development next to single family homes.
But that aside where do you expect people who don’t own single family homes or condos to live? Any market based housing (including multi family) being built in the Bay Area is high end. It doesn’t pencil out otherwise.
Last edited: