{"id":2089,"date":"2019-12-11T11:00:56","date_gmt":"2019-12-11T18:00:56","guid":{"rendered":"https:\/\/sandiegonewsdesk.com\/?p=2089"},"modified":"2019-12-16T16:45:08","modified_gmt":"2019-12-16T23:45:08","slug":"so-called-compromise-will-increase-cost-of-housing","status":"publish","type":"post","link":"https:\/\/sandiegonewsdesk.com\/?p=2089","title":{"rendered":"So-Called \u201cCompromise\u201d Will Increase Cost of Housing"},"content":{"rendered":"<p><strong>San Diego<\/strong> \u2013 Today, a Council majority approved an inclusionary housing amendment that will increase the cost of housing on struggling San Diego families. In the recent past, the City Council took steps forward by approving several measures that streamlined the housing permitting process. Unfortunately, this so-called compromise takes two steps back in the city\u2019s fight against the housing crisis.<\/p>\n<p>\u201cA bad policy with small improvements is still bad policy,\u201d said Councilmember Sherman.<\/p>\n<p>While rent continues to increase, housing production in San Diego has been on a sharp decline since 2016. In fact, in 2017, production decreased by 2,300 units. In 2018, the city produced only half of what was constructed in 2016. Now is not the time to add burdensome mandates that further reduces construction of new units.<\/p>\n<p>The measure passed today will only add a miniscule number of affordable housing units that will do nothing to ease the multi-year waiting list for these units. The only answer to solve the housing crisis is for supply to catch up with demand.<\/p>\n<p>\u201cMy colleagues passed this measure with good intentions, however, they are hurting the very people they are trying to help by increasing the cost of housing production,\u201d said Councilmember Sherman. \u201cUnfortunately, the majority on the Council did not look to cautionary tales in Portland, LA, and Seattle where similar measures have failed.\u201d<\/p>\n<p>A better solution? Look to Grantville. A few years ago, the city approved the Grantville Focused Plan, which will eventually add as many as 8,275 housing units to the area. Instead of setting up costly roadblocks and regulations, the city streamlined the approval process for housing construction. As a result, 30% of new units in Grantville are considered affordable without any mandates or fee increases.<\/p>\n<p>\u201cUp to 47 percent of the cost of housing is due to regulation,\u201d said Councilmember Sherman. \u201cAdding additional costly mandates will only result in less housing and higher rent.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>San Diego \u2013 Today, a Council majority approved an inclusionary housing amendment that will increase the cost of housing on struggling San Diego families. In the recent past, the City Council took steps forward by approving several measures that streamlined the housing permitting process. Unfortunately, this so-called compromise takes two steps back in the city\u2019s&#8230;<\/p>\n","protected":false},"author":3,"featured_media":2059,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-2089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>So-Called \u201cCompromise\u201d Will Increase Cost of Housing - San Diego News Desk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sandiegonewsdesk.com\/?p=2089\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"So-Called \u201cCompromise\u201d Will Increase Cost of Housing - San Diego News Desk\" \/>\n<meta property=\"og:description\" content=\"San Diego \u2013 Today, a Council majority approved an inclusionary housing amendment that will increase the cost of housing on struggling San Diego families. 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