TRANSLATE

Friday, April 18, 2008

Guess who is crying "unfair?" UPDATE

Guess who made the following quotes in a letter posted on a blog on January 28, 2008?

"I live in Bel Air (am a member of the Bel-Air Assn and a lawyer and CPA)...."

"My major objection to the content and implementation of the Proposal is that it is not fair."

"It is not fair that the City has not advised homeowners that for many properties the reduction in building opportunity will be more than 50%..."

"It is not fair that the City has not advised homeowners (EVEN NOW) of any appraisal or broker analysis of the likely reduction in value many properties will suffer. For most people, their house is the most valuable asset they have and in this time of recession, the last thing people need is an additional economic loss in their house..."

"It is not fair that one part of the City (say Westwood) should "dictate" the zoning restrictions on another part of the City, like Brentwood."

Notice how often "it is not fair" is used in his blog entry.

And the final quote I like is, "My understanding from qualified brokers and appraisers is that it would be likely that values could drop 10-15% (or for many L.A. properties, $100,000+)." It seems to me we could use a value analysis in our park as well. How much did the value of our homes drop the day we signed or assumed long term leases?

Well have you guessed who is saying that things just aren't fair in his neighborhood? Go here and read what this is all about.

No comments: