Counterproductive
ugh. I don't think these affordable houzin' people who are stalling projects realize that these delays just cause the cost of building and property to shoot up all that much higher ! When you're stoned, there is no concept of "time is money! "
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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.
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