Santa Monica Observer - Community, Diversity, Sustainability and other Overused Words

Articles written by Peter Borresen

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 By Peter Borresen    Opinion    May 16, 2022 

Affordable Home Ownership in Santa Monica - Not Affordable Renting

The state of California has issued an unfunded mandate that Santa Monica must build 6000+ affordable homes, or face punitive fines and loss of zoning control. The city currently plans to build these...

 

Santa Monica's Disastrous "Housing and Schools" Transfer Tax Proposal

This is not a 'wealth tax' as the signature gatherers proclaim - it is a real estate transfer tax. They are completely different things. With this new transfer tax, if you buy and sell a house for...

 

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