Wednesday, April 12, 2006

San Francisco Halts Condo Project

The San Francisco Chronicle reports:
When the San Francisco Board of Supervisors voted last month to temporarily halt a Mission District condominium project, it was unwelcome news for more than just one developer.

The decision ended up putting on hold thousands of units scheduled to be built in the city's eastern neighborhoods, while the Planning Department analyzes how the developments will affect existing housing and the job situation in the area. Developers call it a de facto moratorium on building, while affordable housing advocates say it will give the city a chance to complete a comprehensive building plan for the area.
Some towns don't want population growth and a middle class.