[quote=AN][quote=flu]I don’t get the emphasis of affordable rental housing in Carmel Valley by Kilroy. Bow “affordable” can housing be if you’re stuck a tenant? I don’t see any of those “homes” being constructed by Kilroy’s plan ever being owner occupied. Look at all the rental properties corporate owned in Carmel Valley. Are they really “affordable” for your average worker bee?[/quote]I don’t know about the One Paseo’s plan for affordable housing, but there are affordable housing in Pacific Highland Ranch too. What they do is have a income limit, then the city dictate how much the developer can sell those units for and only those who qualify can buy those units. When they’re ready to sell, they can only sell for the price that the city dictate. So, it’s meant to be an affordable housing (owner occupied) option. OC have a lot of those too. It’s similar to rent control, except this is to allow people to purchase their home.[/quote]
And I don’t have a problem with that at all. Because that’s owner occupied.
