The City of Irvine is conducting a Residents’ Survey to see what residents think of how the city is doing, the website, fake grass, etc. I believe they did a similar survey last year.
If you’re an Irvine resident, I encourage you to fill out the short survey:
One of the topics in this survey is about affordable housing in Irvine. Did you know “that the City has set a goal to ensure that approximately 10% of the total housing in the City by the year 2025 is affordable and remains so in perpetuity?”
As I understand it, affordable housing can be one of two things
- homes that are sold at below market prices
- apartments that are leased at below market prices
Let’s discuss affordable homes first. Would you like it if you paid $600k for your home and someone purchased the unit next door on the same day and paid only $300k? Believe it or not, scenarios like this have already occurred.
What about affordable apartments? Did you know that Woodbury contains some affordable apartments (here)? I think that any residents of these Woodbury apartments also have access to the Woodbury Commons – an area that Woodbury homeowners shell out mucho $$$/month for maintaining.
There are many things about the City of Irvine that I like but affordable housing is NOT one of them. I believe housing in Irvine is overpriced but I also believe in a free market. I may not make 200+k/year but I don’t have a family of 8 with an income under $25,000 either.
Anyone else feel this way?