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Just Blame Housing

Published: Wednesday, October 22, 2008 2:48 PM PDT



CityBeat this week sheds some light on the apologetic Arizona official who decided he didn't want to take the job of fire chief for the city of Chula Vista.

The paper says that Tucson's Jeff Piechura wasn't expressly turned off by Chula Vista's chaotic government. Rather, it was a matter of personal finances:

What could possibly have prompted Piechura to turn tail and run from beautiful Chula Vista so quickly? In an interview with CityBeat, he gave the answer: It was one good look at the realities of today’s real-estate market.

"There were two factors: plummeting house values, both in the Tucson area and in San Diego, and the ability to get a mortgage," he says. "We have a nice house with acreage here and wouldn’t be able to sell that for at least two years in order for it to be a benefit. On the other side is acquiring a home [in San Diego County]. Lending requirements have obviously changed, so we’d be required to put a larger amount down and cover financing for an unknown devaluation factor. Trying to get a second mortgage would almost be impossible."



There are many ironies in today's housing market. This is one of them. It wasn't too long ago when local government and business leaders were bemoaning the high home prices in San Diego as a significant threat to their ability to attract and recruit talented workers. Now, housing prices are plummeting and that is keeping talented workers away.

Crazy, I know.

Today, on Tom Fudge's "These Days" Stephen Whitburn was debating Todd Gloria as they finish the last leg of their race to represent District 3 on the City Council.

Whitburn has been simultaneously arguing that we should be collectively trying to protect the prices of homes at their lofty levels and that we should be providing more affordable housing.

On his site, he laments:

And for the financially well-off few, homeownership comes at a huge price -- unattainable by most District 3 residents. As of May, 2007, the median-price for a single-family, detached home in San Diego was $612,370.

He needs to update that. The median home price is now at $328,000 and falling. It'll keep falling unless he and his colleagues achieve the goal of "protecting neighborhood property values."

Our leaders need to face reality at some point: If they want home prices to become more affordable, this, very simply, means they want home prices to go down. If they want neighborhoods to maintain their property values, they do not want homes to become more affordable.

It isn't just Whitburn. This is a national obsession. Housing was, indeed, hugely unaffordable in many places. That is now changing.

Rather than exhale with relief we seem to be doing all we can to stop it.

-- SCOTT LEWIS




Editor´s Choice
The reader comments you won't want to miss. (Editor's Choice selection do not represent the views of the editors. They are comments that seem to add to the discussion as opposed to less productive insults or arguments.)

The prices have definitely been way too high for too long. I think its interesting that when prices skyrocket 100% in 4 years and then fall back to normal levels, people act like its a depression. There is a wierd sense of entitlement people have---as soon as a value goes up, they feel entitled to that---just like the people that were making huge 6 figure salaries flipping the houses or selling the houses and loans---they feel entitled to be making that money all the time. You made way too much money, and now its time to return to the planet w/ the rest of us!! As far as Stephen goes, I am just so glad he said no to big developers and their money. At least we know that he will probably use the same good independent judgement as Donna Frye a non special interest beholdencouncil.

Posted by Christine | reply to this comment
October 23, 2008 9:01 am

4 Comments so far on this story...

Whtiburn's conflicting positions on housing just goes to show that he'll say anything to elected. This is a guy who moved to San Diego 6 years ago, specifically to run for political office. Who does this? Whitburn is the worst kind of opportunist. He doesn't care about District 3, he only cares about his own delusions of higher office. Check out link if you want to know the truth about him.

Posted by District 3 Resident | reply to this comment
October 23, 2008 1:09 pm

I trust readers of VOSD to make up their own mind. Here's a link to Gloria's shady campaign pay masters: link Also, readers should know that "District 3 Resident", "Stephen Davis of South Park" and "2MuchSense" are all the same person hiding behind multiple identities. That's the kind of deception you can look forward to if Gloria is elected to the city council. By contrast, Whitburn supporters use our real names because we have nothing to hide.

Posted by Fred Williams | reply to this comment
October 24, 2008 6:26 am

This has been a noticeable conflict for as long as I've been involved in redevelopment and affordable housing in and around older neighborhoods: residents and their political representatives all express the need for housing, for sale or for rent, that are affordable for their constituents, but they don't want "affordable housing" being built in their neighborhoods.

Posted by KK | reply to this comment
October 27, 2008 2:45 pm


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Scott Lewis on Politics

The Scott Lewis on Politics blog, abbreviated cleverly as SLOP, is a collection of observations, insights and the occasional scoop on public affairs in San Diego. Please feel free to e-mail Scott at scott.lewis@voiceofsandiego.org.


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