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Thread: proof that California is financially 'insane' !

  1. #1
    Banned Melonie's Avatar
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    Default proof that California is financially 'insane' !

    (snip)""it's hard to get sympathy for people making $160,000 a year if you're down in Texas or something," said Bill Watkins, head of the UC Santa Barbara Economic Forecast Project. Any household with that kind of money is in the nosebleed section of American earners, and "most of the country would think, 'You're going to subsidize that person's house? You're kidding me.' "

    But in this city — where the median home price is around $1.2 million — that person needs help. And the Housing Authority of the City of Santa Barbara is about to become the rare public housing agency to assist the well-heeled along with the poor, to build shelter for those whose business cards come in designer leather cases and include words like "doctor," "lawyer," "director."

    "It's getting into a market that we shouldn't be spending much time on but, stunningly, needs it," said Robert G. Pearson, the agency's executive director. "It's rare for housing authorities to get involved in a project like this. We have our plate full dealing with the poor."

    So, what does it mean when a city is down to its last vacant lot and must help build housing for some of the most financially comfortable people in America?

    Santa Maria Mayor Larry Lavagnino can't decide which part surprises him more, the last lot or the helping hand. His working-class city is home to a chunk of its ritzy neighbor's displaced workforce, men and women who have been priced out of the rarefied market 75 miles south.

    "I can hear the water swirling" down the drain, he said of Santa Barbara's situation. "How do you retain or recruit policemen or firemen when the median home price is $1.2 million?"

    Actually, Santa Barbara officials view Los Portales as one answer to the conundrum of keeping middle-class families in a rich man's city.

    Prospective buyers would probably be "a cop married to a teacher, a nurse married to a guy who owns a plumbing store," Councilwoman Iya Falcone said during last week's City Council meeting. "Some of the people who are going to buy the higher-priced units are doctors and lawyers. But lawyers are people too…. I love this project.""(snip)


    ... I'm speechless ...

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    Veteran Member azcustomer's Avatar
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    Default Re: proof that California is financially 'insane' !

    Too funny Melonie. And it's a very small world.

    The architect of Los Portales is the architect of one of my clients. He told me about this project three years ago. This is one of the biggest jokes in the development industry.


    "Life is not about the number of breaths you take.
    It's about those moments which leave you breathless."

  3. #3
    madmaxine
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    Default Re: proof that California is financially 'insane' !

    Why do you think I left CA?

    EDIT: "lawyers are people too"....?!?

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    Default Re: proof that California is financially 'insane' !

    The whole idea is so crazy?! I had to stop a few times through the whole article and go "huh?...what?". I wonder if theyll end up looking like projects compared to the other properties in the area. $495,000 to $595,000 for a condo with tiny parking space underneath....youre kidding right?
    you live like an ivy vine
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    God/dess Bridgette's Avatar
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    Default Re: proof that California is financially 'insane' !

    Uhh, why not just sell real estate at a reasonble fucking price??? OMFG WHAT A CONCEPT!!! Yeah, Yeah, I know it's the market, blah blah. But subsidizing an already overinflated market isn't going to help matters. Fucking morons

    Another example of why I can't stand and will NEVER live in CA.

    Quote Originally Posted by pheno View Post
    When you lead a nontraditional life don't try to measure it with traditional milestones.

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    God/dess VenusGoddess's Avatar
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    Default Re: proof that California is financially 'insane' !

    ^ I was thinking the exact same thing.

    "This government subsidized condo sits over looking the beach. With awesome sunset views and a kitchen fit for a gourmet cook, you'll feel right at home here. There are also government programs for the kids...water-skiing, wave running, among other amenities right outside your door! Come! Enjoy the living at the San _________ Government Subsidized Condos. Condos made affordable for people with no common sense. 1 bedrooms start at $485,000."

  7. #7
    Yekhefah
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    Default Re: proof that California is financially 'insane' !

    Those are L.A. real estate prices. Ask me how much I LOVE being a California taxpayer.

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    Featured Member blondi553's Avatar
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    Default Re: proof that California is financially 'insane' !

    wow, and to think that i wanna move there

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    Banned Melonie's Avatar
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    Default Re: proof that California is financially 'insane' !

    ... I mean, ultimately, some taxpayer is going to wind up picking up the tab for this ... either in the form of higher local property taxes (which will make local property even more unaffordable and, I suppose, necessitate a vicious circle of even higher subsidies) or in the form of higher state / local income taxes and sales taxes which would extract more tax money across the board. How are they possibly going to explain to low income workers that they need to now pay a 10% sales tax in order to subsidize some attorney's million dollar condo ??? The 'tin foil hat' crowd is of the opinion that the present steady stream of middle class taxpayers who are relocating outside the California state line is going to turn into a stampede ... living behind the very rich and the very poor.

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    God/dess Deogol's Avatar
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    Default Re: proof that California is financially 'insane' !

    Quote Originally Posted by blondi553
    wow, and to think that i wanna move there
    DON'T DON'T DON'T!!!

    It ain't like the movies and it ain't like the 60's/70's out there. Don't believe the propaganda!

    I am a california refugee. I know what I speak of.

    I can tell ya I saw a stat somewhere that it is 60% more expensive to live in California. That means, when I moved out of California - I could take a 50% pay cut AND STILL COME OUT AHEAD!


    I was renting a 1 bedroom for 2500 a month AND THERE STILL WAS GANG GRAFFITI ALL OVER THE FUCKING PLACE. The gangs rule the streets out there.

    Multiple times I have sat in the dark during the rolling black outs. It is like fucking India where they can't keep the lights on.

    Murders? Hmmm - why are they always portraying crazies in california?

    Taxes? Fees? You will feel quite at home in California if you come from a third world nation because they tax and fee the shit out of you.

    Not to mention all these little dirty hippie bastards who fucking think YOU owe them money to do what the fuck ever. Absolutely NO COMMON SENSE when it comes to politics or economics out there.

    And the PC around that place is just amazing. Shit like "Ah hey man, ya know, maybe doing drugs isn't such a grand idea." "Fuck you mannnnn, who are you to be so fucking judgemental of me fuckerrrrrr."

    The bums? California has the rudest most obnoxious bums in the world. They will lie to your face. They will follow you down the street. They will harrass you until you get in their face or you pay them off. I have lived in many an urban area and California bums are the worst of the lot when it comes TO YOU OWING THEM SOMETHING.

    It is quick on it's way to becoming a third world nation.

    Go there to visit. Go there for a month or so to live.

    DO NOT MOVE THERE.

  11. #11
    madmaxine
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    Default Re: proof that California is financially 'insane' !

    ^
    Hear hear.

    I was going to kid around about riding Snake Plissken out of California.

    "In the City of the Angels/ They've long since gone away..." (Trotsky Icepick)

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    Default Re: proof that California is financially 'insane' !

    Quote Originally Posted by Deogol

    The bums? California has the rudest most obnoxious bums in the world. They will lie to your face. They will follow you down the street. They will harrass you until you get in their face or you pay them off. I have lived in many an urban area and California bums are the worst of the lot when it comes TO YOU OWING THEM SOMETHING.
    Ive never lived in any other state except here. For now, I like it except the abundance of fruits and nuts. The high rent Im paying. I pay $825 for my one bed..no parking spot either in a semi-nice area. Damn straight on the bums summary! They dont want change they want like $5 or they get mad.
    you live like an ivy vine
    you can only survive by clinging onto trees
    that's your flaw
    put down some roots so you can stand on your own
    -Kenpachi



  13. #13
    God/dess VenusGoddess's Avatar
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    Default Re: proof that California is financially 'insane' !

    Well, I'm going to visit my brother in SoCal in about a week. I just enjoy the beautiful weather and the beaches. My daughter is excited about going to the Zoo...

    I've seen the homeless there, and really, they've never bothered me. But, maybe that's because I've lived in the city of Chicago for so long...dunno.

  14. #14
    Yekhefah
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    Default Re: proof that California is financially 'insane' !

    LoveSexMoney, you should see the ones on Hollywood Blvd. They have great signs. My favorite was a little old black dude with a sign that said, "Family killed by ninjas. Need money for kung-fu lessons."

    And there was another nasty old guy sitting on the steps of the Hollywood Gym once with a sign that said, "Out of work supermodel, please help."

    There was also a couple once that had a cute little kitten with them, and their sign said, "Yeah, we're lazy bums, but why should the kitten suffer?"

    They do get creative around here...

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    Moderator Optimist's Avatar
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    Default Re: proof that California is financially 'insane' !

    oh my god

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