Monthly Archive for California
California Stories Posted in April 2008
Group Forms PAC Challenging City's BMR Standards
Category: Property Rights · State: California · Source: Morgan Hill Times, Morgan Hill, CA
A group of concerned home builders, real estate agents, land owners and purportedly seniors, teachers and other moderate-income makers, too, have formed a Political Action Committee and plan to circulate a petition asking voters to approve a ballot measure to decrease the number of affordable housing units. Real estate broker John Telfer, a leader of the group, said he and other members of the PAC, under the name of "Citizens For a Balanced Community," claim that Measure C, the city's growth-control initiative passed in 2004, doesn't give enough home buying options to moderate-income earners, while very low- and low-income wage earners buy homes they can't afford in the long run.
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