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		<title>I hope you&#8217;re not what you live in!</title>
		<link>http://affordablehousinginstitute.org/blogs/us/2009/06/i-hope-youre-not-what-you-live-in.html</link>
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		<pubDate>Fri, 26 Jun 2009 14:19:02 +0000</pubDate>
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Once before, I posted seriously that you are what you live in:
 

I has a haddock
 
In Jungian dream interpretation, the house is the self:
 
A house in a dream generally speaks of one’s psychological house, the house of the “soul.” We often see different homes that we’ve lived in. Ask yourself, if the home [...]]]></description>
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<p><!--[endif]--><span style="font-size: 10pt; font-family: Arial;">Once before, I posted seriously that <a href="../2008/05/you-are-what-you-live-in.html">you are what you live in</a>:</span></p>
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<p class="MsoNormal"><span style="background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;"><img class="alignnone size-medium wp-image-9979" title="weburbanist_top_15_most_amazing_houses_world_crooked_081209" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_crooked_081209-300x225.jpg" alt="weburbanist_top_15_most_amazing_houses_world_crooked_081209" width="300" height="225" /></span><span style="font-size: 8pt; font-family: Arial;"><br />
I has a haddock</span></p>
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<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 9pt; font-family: Arial; color: #333333;" lang="EN">In Jungian dream interpretation, <a href="http://www.gesher.org/Dreams,%20Visions,%20and%20Prophecy/Dream%20Interpretation.htm#anchor32559"><span style="color: #091744;">the house is the self</span></a>:</span></p>
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<p class="MsoNormal" style="margin-left: 1in;"><span style="font-size: 11pt; color: #333333;" lang="EN">A house in a dream generally speaks of one’s psychological house, the house of the “soul.” We often see different homes that we’ve lived in. Ask yourself, if the home in your dream is a childhood home, or a current home. Each of these may have different meaning that relate to an overall sense of what you were like or struggling with at that time.</span></p>
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</span></p>
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<p class="MsoNormal" style="margin-left: 0.5in;"><span style="background: aqua none repeat scroll 0% 0%; font-size: 9pt; font-family: Arial; color: #333333;" lang="EN"><img class="alignnone size-full wp-image-9980" title="carl_jung" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/carl_jung.jpg" alt="carl_jung" width="209" height="240" /></span><span style="font-size: 7pt; font-family: Arial; color: #333333;" lang="EN"><br />
Why do you have these fantasies of living in a shoe?</span></p>
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<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 9pt; font-family: Arial; color: #333333;" lang="EN">Perhaps that’s because the house is a shell around our selves, just as our skull is a shell around our minds.<span> </span>Certainly our childhood residence imprints itself indelibly on our minds – we learn about the universe as the world outside our front door, and within our house – be it single-family, condo, apartment, or shared – is the space that defines our family.</span></p>
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<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">If so, then the individuals featured in this humorous rogue&#8217;s gallery listing from </span><span style="font-size: 10pt; font-family: Arial;"><a href="http://weburbanist.com/2008/12/09/amazing-bizarre-homes-exotic-houses/">Web Urbanist</a> are in <em>serious trouble</em>:</span></p>
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<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;"><a title="Top 15 Most Amazing Houses in the World" href="http://weburbanist.com/2008/12/09/amazing-bizarre-homes-exotic-houses/">Top 15 Most Amazing Houses in the World</a></span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;">Written by Steph on December 9th, 2008 &#8211; Topics: <a title="View all posts in Architecture" href="http://weburbanist.com/category/architecture/">Architecture</a>, <a title="View all posts in Travel" href="http://weburbanist.com/category/travel/">Travel</a>, <a title="View all posts in Urban" href="http://weburbanist.com/category/urban/">Urban</a></span></p>
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<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;">Little boxes on the hillside aren’t for everyone. </span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;"><img class="alignnone size-medium wp-image-9981" title="montonde_casitas_or" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/montonde_casitas_or-300x225.jpg" alt="montonde_casitas_or" width="300" height="225" /></span><span style="font-size: 8pt; font-family: Arial;"><br />
They&#8217;re identical … until the people move in (photo credit Oscar Ruiz)</span></p>
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<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;">While some people might be content with a cookie-cutter home in a bland suburban neighborhood, others create truly one-of-a-kind homes with incredibly imaginative shapes and materials. In addition to the <a href="http://weburbanist.com/2008/09/09/70-amazing-houses-from-around-the-world%20">70 amazing houses around the world</a> that we’ve featured before, here are 15 jaw-dropping examples of architecture from a decaying wooden skyscraper in Russia to a mushroom-shaped home in Cincinnati that looks like it was custom-made for Dr. Seuss.</span></p>
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<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">There&#8217;s really not too much to say about these, except to present them:</span></p>
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<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;"><img class="alignnone size-medium wp-image-9982" title="weburbanist_top_15_most_amazing_houses_world_prince1_081209" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_prince1_081209-300x197.jpg" alt="weburbanist_top_15_most_amazing_houses_world_prince1_081209" width="300" height="197" /></span><span style="font-size: 10pt; font-family: Arial;"><br />
Bart Prince House – Albuquerque,  New Mexico</span><span style="font-size: 8pt; font-family: Arial;"><br />
(images via: <a href="http://www.bartprince.com/">BartPrince.com</a>)</span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;">Architect <a href="http://www.bartprince.com/">Bart Prince</a> is renowned for his incredibly creative approach to designing structures. The homes he has created look nothing like the boxy houses you and I live in; they’re quirky, they’re organic, and they’re most definitely one-of-a-kind. Prince says his designs start from the inside out, and that every home he builds has an idea behind it. </span></p>
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<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;">Pictured are Prince’s own home in Albuquerque (top) and the Seymour residence in Los Altos, California.</span></p>
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<p class="MsoNormal"><em><span style="font-size: 10pt; font-family: Arial;">Didn&#8217;t that thing eat Tommy Lee Jones in <span style="text-decoration: underline;">Men In Black?</span></span></em></p>
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<p class="MsoNormal"><span style="background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;"><img class="alignnone size-medium wp-image-9983" title="mib_bug" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/mib_bug-300x173.jpg" alt="mib_bug" width="300" height="173" /></span><span style="font-size: 8pt; font-family: Arial;"><br />
Oh, did I just step on your relative?</span></p>
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</span></p>
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<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;"><img class="alignnone size-medium wp-image-9984" title="weburbanist_top_15_most_amazing_houses_world_space_081209" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_space_081209-300x201.jpg" alt="weburbanist_top_15_most_amazing_houses_world_space_081209" width="300" height="201" /></span><span style="font-size: 10pt; font-family: Arial;"><br />
Space House – Signal   Mountain, Tennessee</span><span style="font-size: 8pt; font-family: Arial;"><br />
(image via: <a href="http://www.coasttocoastam.com/gen/page936.html%20">Coast to Coast AM</a>)</span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;">The ‘<a href="http://rismedia.com/wp/2008-11-20/world-famous-tennessee-%E2%80%98space-house-on-the-auction-block%20">Space House</a>’ in Signal Mountain, Tennessee was built by Curtis King and his sons in the 1970s and is quite a draw for curiosity seekers in the area, who have been filing by and taking photos for decades. Six concrete support pillars look like landing gear beneath the main part of the building. The Space House sold on the auction block in March 2008 but the buyer defaulted, so it’s being offered for “whatever the public is willing to pay” on December 14th.</span></p>
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<p class="MsoNormal"><em><span style="font-size: 10pt; font-family: Arial;">Previously owned by Gidney and Cloyd?</span></em></p>
<p class="MsoNormal">
<p class="MsoNormal"><span style="background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;"><img class="alignnone size-medium wp-image-9985" title="gidney_cloyd" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/gidney_cloyd-300x233.jpg" alt="gidney_cloyd" width="300" height="233" /></span><span style="font-size: 8pt; font-family: Arial;"><br />
You mean you&#8217;re homeless now?</span></p>
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</span></p>
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<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;"><img class="alignnone size-medium wp-image-9984" title="weburbanist_top_15_most_amazing_houses_world_space_081209" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_space_081209-300x201.jpg" alt="weburbanist_top_15_most_amazing_houses_world_space_081209" width="300" height="201" /></span><span style="font-size: 10pt; font-family: Arial;"><br />
Inversion House – Houston,  Texas</span><span style="font-size: 8pt; font-family: Arial;"> (images via: <a href="http://www.flickr.com/photos/kevinomara/tags/arthouse/">Flickr user Kevin O’Mara</a>)</span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;">When two old studio buildings owned by <a href="http://www.artleaguehouston.org/InversionPressRelease.htm%20">The Art League</a> in Houston were set to be demolished, they decided to take the opportunity to turn them into a temporary art installation. Artists Dan Havel and Dean Ruck sculpturally altered the two buildings, peeling off the exterior siding of the front building to simulate the appearance of a funnel-like vortex. The opening was actually a tiny hallway (only kids could fit through it) that passed through the two structures and emptied out into an adjacent courtyard.</span></p>
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<p class="MsoNormal"><em><span style="font-size: 10pt; font-family: Arial;">Made by the giant sucking sound of jobs moving to Mexico?</span></em></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">And speaking of giant sucking sounds …</span></p>
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<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;"><img class="alignnone size-medium wp-image-9986" title="weburbanist_top_15_most_amazing_houses_world_toilet1_081209" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_toilet1_081209-300x205.jpg" alt="weburbanist_top_15_most_amazing_houses_world_toilet1_081209" width="300" height="205" /></span><span style="font-size: 10pt; font-family: Arial;"><br />
Toilet-Shaped House – Suweon,  South Korea</span><span style="font-size: 8pt; font-family: Arial;"> (images via: <a href="http://www.reuters.com/article/lifestyleMolt/idUSSEO13684020071009%20">Reuters</a>)</span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;">The world’s one and only <a href="http://afp.google.com/article/ALeqM5jkXFZjtOAw5uDxOAFqYc-d7HxECQ">toilet-shaped house</a> was built to mark the launch of the World Toilet Association, a campaign for more sanitary restrooms worldwide. Sim Jae-Duck, nicknamed “Mayor Toilet”, had the 4,508-square-foot concrete and glass structure built in his native city of Suweon, South Korea. At the center of the home is a glass-walled “showcase loo” that produces mist to make users feel more secure. Sim, who was born into a toilet and has made clean restrooms his life’s work, now lives in the home.</span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">This is the first of several, houses where the building configuration is intended as an explicit political or social statement, proving that not only do people use houses to cocoon themselves, but also to display their individuality.<span> </span><a href="../2006/12/benefits_of_hom.html">Improvability is a fundamental attribute of true homeownership</a>, and just as tattoos and piercings are an assertion of self – <em>it&#8217;s my body and I&#8217;ll decorate or mutilate it as I choose </em>– so is the housing configuration an assertion of ownership over a space.<span> </span>This is where I live, and I state who I am by what I present.</span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;"><img class="alignnone size-medium wp-image-9987" title="weburbanist_top_15_most_amazing_houses_world_toilet2_081209" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_toilet2_081209-300x202.jpg" alt="weburbanist_top_15_most_amazing_houses_world_toilet2_081209" width="300" height="202" /></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal"><em><span style="font-size: 10pt; font-family: Arial;">When we said we wanted the walls flush, perhaps you misunderstood …</span></em></p>
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<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;"><img class="alignnone size-medium wp-image-9988" title="weburbanist_top_15_most_amazing_houses_world_mushroom_081209" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_mushroom_081209-280x300.jpg" alt="weburbanist_top_15_most_amazing_houses_world_mushroom_081209" width="280" height="300" /></span><span style="font-size: 10pt; font-family: Arial;"><br />
Mushroom House &#8211; Cincinnati,  Ohio</span><span style="font-size: 8pt; font-family: Arial;"> (images via: <a href="http://www.agilitynut.com/h/treehouse.html%20">Agility Nut</a>)</span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;">Architect Terry Brown created this much-maligned ‘<a href="http://archrecord.construction.com/news/daily/archives/080811brown.asp%20">mushroom house</a>’, an unusual piece of architecture situated in a rather upscale area of Cincinnati. Brown’s architectural style developed when he began experimenting with materials like wood, colored glass, shell, ceramics and various metals to create irregular shapes that mimic those found in nature.  A professor of architecture and interior design at the University of Cincinnati, Brown frequently had to defend the unique design of the house against complaints by neighbors before passing away in 2008.</span></p>
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<p class="MsoNormal"><em><span style="font-size: 10pt; font-family: Arial;">This is what we meant when we talked about houses springing up overnight …</span></em></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;"><img class="alignnone size-medium wp-image-9989" title="weburbanist_top_15_most_amazing_houses_world_floating_081209" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_floating_081209-280x300.jpg" alt="weburbanist_top_15_most_amazing_houses_world_floating_081209" width="280" height="300" /></span><span style="font-size: 10pt; font-family: Arial;"><br />
Floating House &#8211; Ukraine</span><span style="font-size: 8pt; font-family: Arial;"> (images via: <a href="http://aphasia-design.blogspot.com/2008/10/ukraine-house-house-in-krasnosilka.html%20">Aphasia Design</a>)</span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;">An optical illusion? Trick of Photoshop? Nobody really seems to know much about this supposed ‘<a href="http://aphasia-design.blogspot.com/2008/10/ukraine-house-house-in-krasnosilka.html%20">floating barn</a>’ which was reportedly located in Ukraine and may or may not still be standing. Cantilevered barns do exist &#8211; mostly in the <a href="http://tennesseeencyclopedia.net/imagegallery.php?EntryID=C027%20">Appalachian region</a> of the United   States – but usually aren’t quite this dramatic looking. Real or fake, it’s certainly pretty striking.</span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal"><em><span style="font-size: 10pt; font-family: Arial;">Imported straight from Laputa!</span></em></p>
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<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;"><img class="alignnone size-full wp-image-9990" title="weburbanist_top_15_most_amazing_houses_world_wooden1_081209" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_wooden1_081209.jpg" alt="weburbanist_top_15_most_amazing_houses_world_wooden1_081209" width="468" height="682" /></span><span style="font-size: 10pt; font-family: Arial;"><br />
Wooden Skyscraper &#8211; Arkhangelsk,  Russia</span><span style="font-size: 8pt; font-family: Arial;"> (images via: <a href="http://www.telegraph.co.uk/news/worldnews/1544827/Gangster-who-built-world%27s-tallest-log-cabin.html%20">The Telegraph</a> + <a href="http://englishrussia.com/?p=543%20">English Russia</a>)</span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;">Nikolai Sutyagin, a former gangster, began building this ‘<a href="http://www.telegraph.co.uk/news/worldnews/1544827/Gangster-who-built-world%27s-tallest-log-cabin.html%20">wooden skyscraper</a>’ in Arkhangelsk,  Russia with the intention of it being only a two-story building. But, a trip to see wooden houses in Japan and Norway convinced him that he hadn’t used roof space efficiently enough, so he kept building. “First I added three floors but then the house looked ungainly, like a mushroom,” he said. “So I added another and it still didn’t look right so I kept going. What you see today is a happy accident.” </span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">Self-building is remarkably common throughout the world.<span> </span>The famous San Jose <a href="http://www.winchestermysteryhouse.com/story.html">Winchester Mystery House</a> of roughly 160 rooms was begun in 1884 by a wealthy widow, who never stopped extending and improving it until she died.</span></p>
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<p class="MsoNormal"><span style="background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;"><img class="alignnone size-full wp-image-9991" title="winchester_birds_eye" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/winchester_birds_eye.jpg" alt="winchester_birds_eye" width="440" height="286" /></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">More than likely, she was obsessive-compulsive, as the house has neither rhyme nor reason, with among other things stairs to the ceiling:</span></p>
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<p class="MsoNormal"><span style="background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;"><img class="alignnone size-medium wp-image-9992" title="winchester_stairs_to_nowhere" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/winchester_stairs_to_nowhere-300x200.jpg" alt="winchester_stairs_to_nowhere" width="300" height="200" /></span></p>
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<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">And stairs to nowhere:</span></p>
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<p class="MsoNormal"><span style="background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;"><img class="alignnone size-medium wp-image-9993" title="winchester_stairs_02" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/winchester_stairs_02-300x196.jpg" alt="winchester_stairs_02" width="300" height="196" /></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">Building can be impoverishing:</span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;">The multimillionaire became a pauper after his possessions were destroyed during a stint in prison, and the house is now decaying around him, but he still lives in the bottom floor with his wife.</span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal"><em><span style="font-size: 10pt; font-family: Arial;">I may be cash-poor, but I&#8217;m house rich!</span></em></p>
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<p class="MsoNormal" style="margin-left: 0.5in;"><span style="background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;"><img class="alignnone size-medium wp-image-9994" title="weburbanist_top_15_most_amazing_houses_world_poland_081209" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_poland_081209-280x300.jpg" alt="weburbanist_top_15_most_amazing_houses_world_poland_081209" width="280" height="300" /></span><span style="font-size: 10pt; font-family: Arial;"><br />
The Upside-Down House – Szymbark, Poland</span><span style="font-size: 8pt; font-family: Arial;"><br />
(images via: <a href="http://freshome.com/2007/09/08/amazing-upside-down-house%20">Fresh Home</a>)</span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;">Polish businessman and philanthropist Daniel Czapiewski built <a href="http://freshome.com/2007/09/08/amazing-upside-down-house%20">The Upside Down House</a> as a <strong>statement about the Communist era and the end of the world.</strong></span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">Another example, like the toilet house, of using the building as a visible expression of a political view.</span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 10pt; font-family: Arial;">It took 114 days to build because the workers were so disoriented by the angles of the walls. It certainly attracts its fair share of tourists to the tiny village  of Szymbark, who often become <strong>dizzy and ‘seasick’ after just a few moments inside.</strong></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">We are so used to right angles representing horizontal and vertical that when we are encased in a titled environment, our brains seek to rewire the neurological impulses coming from our eyes and inner ears to make things align.<span> </span>As a kid, I remember visiting a tilted house where water appeared to run uphill, an illusion that never fails to draw attention.</span></p>
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<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">Which brings me, in a slightly serious way, back to the original point: we <em>are</em> what we live in, and what home we inhabit in some way outwardly expresses ourselves and inwardly defines how we see ourselves.<span> </span>As I wrote in the original post:</span></p>
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<p class="MsoNormal" style="margin-left: 1in;"><span style="font-size: 9pt; font-family: Arial; color: #333333;" lang="EN">Charles Karelis, a professor at George  Washington University, has a simpler but far more radical argument to make: traditional economics just doesn’t apply to the poor. When we’re poor, Karelis argues, our economic worldview is shaped by deprivation, and we see the world around us not in terms of goods to be consumed but as problems to be alleviated. </span></p>
<p class="MsoNormal" style="margin-left: 1in;"><span style="font-size: 11pt; color: #333333;" lang="EN"> </span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 9pt; font-family: Arial; color: #333333;" lang="EN">My family never owned a new car.<span> </span>Not for me the 00000 odometer.<span> </span>It was always used cars of one sort or another – always bought cheap, always driven until they died underneath us.</span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 11pt; color: #333333;" lang="EN"> </span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="background: aqua none repeat scroll 0% 0%; font-size: 9pt; font-family: Arial; color: #333333;" lang="EN"><img class="alignnone size-medium wp-image-9995" title="odometer" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/odometer-300x251.jpg" alt="odometer" width="300" height="251" /></span><span style="font-size: 7pt; font-family: Arial; color: #333333;" lang="EN"><br />
Ours always had big numbers on it</span></p>
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<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 9pt; font-family: Arial; color: #333333;" lang="EN">[Snip]</span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 9pt; font-family: Arial; color: #333333;" lang="EN"> </span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 9pt; font-family: Arial; color: #333333;" lang="EN">Count me among those who think Karelis is on to something – and if you’re going to change something to help change people’s poverty, it starts with housing.</span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 11pt; color: #333333;" lang="EN"> </span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 9pt; font-family: Arial; color: #333333;" lang="EN">You are what you live in.</span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="font-size: 9pt; font-family: Arial; color: #333333;" lang="EN"> </span></p>
<p class="MsoNormal" style="margin-left: 0.5in;"><span style="background: aqua none repeat scroll 0% 0%; font-size: 9pt; font-family: Arial; color: #333333;" lang="EN"><img class="alignnone size-full wp-image-9996" title="hand_knocker" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/hand_knocker.jpg" alt="hand_knocker" width="160" height="240" /></span><span style="font-size: 7pt; font-family: Arial; color: #333333;" lang="EN"><br />
Change your housing, change your self</span></p>
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</span></p>
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<p class="MsoNormal"><span style="background: aqua none repeat scroll 0% 0%; font-size: 9pt; font-family: Arial; color: #333333;" lang="EN"><img class="alignnone size-medium wp-image-9997" title="0190_brighton_bathhouses" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/0190_brighton_bathhouses-300x225.jpg" alt="0190_brighton_bathhouses" width="300" height="225" /></span><span style="font-size: 8pt; font-family: Arial; color: #333333;" lang="EN"><br />
And they&#8217;re all made of ticky-tacky, and they all look just the same?</span></p>
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&lt;p&gt;&lt;!--[endif]--&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;Once before, I posted seriously that &lt;a href=&quot;../2008/05/you-are-what-you-live-in.html&quot;&gt;you are what you live in&lt;/a&gt;:&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;&quot;&gt;&lt;img class=&quot;alignnone size-medium wp-image-9979&quot; title=&quot;weburbanist_top_15_most_amazing_houses_world_crooked_081209&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_crooked_081209-300x225.jpg&quot; alt=&quot;weburbanist_top_15_most_amazing_houses_world_crooked_081209&quot; width=&quot;300&quot; height=&quot;225&quot; /&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 8pt; font-family: Arial;&quot;&gt;&lt;br /&gt;
I has a haddock&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 9pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt;In Jungian dream interpretation, &lt;a href=&quot;http://www.gesher.org/Dreams,%20Visions,%20and%20Prophecy/Dream%20Interpretation.htm#anchor32559&quot;&gt;&lt;span style=&quot;color: #091744;&quot;&gt;the house is the self&lt;/span&gt;&lt;/a&gt;:&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 11pt; color: #333333;&quot; lang=&quot;EN&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 1in;&quot;&gt;&lt;span style=&quot;font-size: 11pt; color: #333333;&quot; lang=&quot;EN&quot;&gt;A house in a dream generally speaks of one’s psychological house, the house of the “soul.” We often see different homes that we’ve lived in. Ask yourself, if the home in your dream is a childhood home, or a current home. Each of these may have different meaning that relate to an overall sense of what you were like or struggling with at that time.&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 1in;&quot;&gt;&lt;span style=&quot;font-size: 11pt; color: #333333;&quot; lang=&quot;EN&quot;&gt;&lt;br /&gt;
&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 11pt; color: #333333;&quot; lang=&quot;EN&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 9pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt;&lt;img class=&quot;alignnone size-full wp-image-9980&quot; title=&quot;carl_jung&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/carl_jung.jpg&quot; alt=&quot;carl_jung&quot; width=&quot;209&quot; height=&quot;240&quot; /&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 7pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt;&lt;br /&gt;
Why do you have these fantasies of living in a shoe?&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 9pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 9pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt;Perhaps that’s because the house is a shell around our selves, just as our skull is a shell around our minds.&lt;span&gt; &lt;/span&gt;Certainly our childhood residence imprints itself indelibly on our minds – we learn about the universe as the world outside our front door, and within our house – be it single-family, condo, apartment, or shared – is the space that defines our family.&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;If so, then the individuals featured in this humorous rogue&amp;#8217;s gallery listing from &lt;/span&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;&lt;a href=&quot;http://weburbanist.com/2008/12/09/amazing-bizarre-homes-exotic-houses/&quot;&gt;Web Urbanist&lt;/a&gt; are in &lt;em&gt;serious trouble&lt;/em&gt;:&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;&lt;a title=&quot;Top 15 Most Amazing Houses in the World&quot; href=&quot;http://weburbanist.com/2008/12/09/amazing-bizarre-homes-exotic-houses/&quot;&gt;Top 15 Most Amazing Houses in the World&lt;/a&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;Written by Steph on December 9th, 2008 &amp;#8211; Topics: &lt;a title=&quot;View all posts in Architecture&quot; href=&quot;http://weburbanist.com/category/architecture/&quot;&gt;Architecture&lt;/a&gt;, &lt;a title=&quot;View all posts in Travel&quot; href=&quot;http://weburbanist.com/category/travel/&quot;&gt;Travel&lt;/a&gt;, &lt;a title=&quot;View all posts in Urban&quot; href=&quot;http://weburbanist.com/category/urban/&quot;&gt;Urban&lt;/a&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;Little boxes on the hillside aren’t for everyone. &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;&quot;&gt;&lt;img class=&quot;alignnone size-medium wp-image-9981&quot; title=&quot;montonde_casitas_or&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/montonde_casitas_or-300x225.jpg&quot; alt=&quot;montonde_casitas_or&quot; width=&quot;300&quot; height=&quot;225&quot; /&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 8pt; font-family: Arial;&quot;&gt;&lt;br /&gt;
They&amp;#8217;re identical … until the people move in (photo credit Oscar Ruiz)&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;While some people might be content with a cookie-cutter home in a bland suburban neighborhood, others create truly one-of-a-kind homes with incredibly imaginative shapes and materials. In addition to the &lt;a href=&quot;http://weburbanist.com/2008/09/09/70-amazing-houses-from-around-the-world%20&quot;&gt;70 amazing houses around the world&lt;/a&gt; that we’ve featured before, here are 15 jaw-dropping examples of architecture from a decaying wooden skyscraper in Russia to a mushroom-shaped home in Cincinnati that looks like it was custom-made for Dr. Seuss.&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;There&amp;#8217;s really not too much to say about these, except to present them:&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;&quot;&gt;&lt;img class=&quot;alignnone size-medium wp-image-9982&quot; title=&quot;weburbanist_top_15_most_amazing_houses_world_prince1_081209&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_prince1_081209-300x197.jpg&quot; alt=&quot;weburbanist_top_15_most_amazing_houses_world_prince1_081209&quot; width=&quot;300&quot; height=&quot;197&quot; /&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;&lt;br /&gt;
Bart Prince House – Albuquerque,  New Mexico&lt;/span&gt;&lt;span style=&quot;font-size: 8pt; font-family: Arial;&quot;&gt;&lt;br /&gt;
(images via: &lt;a href=&quot;http://www.bartprince.com/&quot;&gt;BartPrince.com&lt;/a&gt;)&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;Architect &lt;a href=&quot;http://www.bartprince.com/&quot;&gt;Bart Prince&lt;/a&gt; is renowned for his incredibly creative approach to designing structures. The homes he has created look nothing like the boxy houses you and I live in; they’re quirky, they’re organic, and they’re most definitely one-of-a-kind. Prince says his designs start from the inside out, and that every home he builds has an idea behind it. &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;Pictured are Prince’s own home in Albuquerque (top) and the Seymour residence in Los Altos, California.&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;em&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;Didn&amp;#8217;t that thing eat Tommy Lee Jones in &lt;span style=&quot;text-decoration: underline;&quot;&gt;Men In Black?&lt;/span&gt;&lt;/span&gt;&lt;/em&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;&quot;&gt;&lt;img class=&quot;alignnone size-medium wp-image-9983&quot; title=&quot;mib_bug&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/mib_bug-300x173.jpg&quot; alt=&quot;mib_bug&quot; width=&quot;300&quot; height=&quot;173&quot; /&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 8pt; font-family: Arial;&quot;&gt;&lt;br /&gt;
Oh, did I just step on your relative?&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 8pt; font-family: Arial;&quot;&gt;&lt;br /&gt;
&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;&quot;&gt;&lt;img class=&quot;alignnone size-medium wp-image-9984&quot; title=&quot;weburbanist_top_15_most_amazing_houses_world_space_081209&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_space_081209-300x201.jpg&quot; alt=&quot;weburbanist_top_15_most_amazing_houses_world_space_081209&quot; width=&quot;300&quot; height=&quot;201&quot; /&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;&lt;br /&gt;
Space House – Signal   Mountain, Tennessee&lt;/span&gt;&lt;span style=&quot;font-size: 8pt; font-family: Arial;&quot;&gt;&lt;br /&gt;
(image via: &lt;a href=&quot;http://www.coasttocoastam.com/gen/page936.html%20&quot;&gt;Coast to Coast AM&lt;/a&gt;)&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;The ‘&lt;a href=&quot;http://rismedia.com/wp/2008-11-20/world-famous-tennessee-%E2%80%98space-house-on-the-auction-block%20&quot;&gt;Space House&lt;/a&gt;’ in Signal Mountain, Tennessee was built by Curtis King and his sons in the 1970s and is quite a draw for curiosity seekers in the area, who have been filing by and taking photos for decades. Six concrete support pillars look like landing gear beneath the main part of the building. The Space House sold on the auction block in March 2008 but the buyer defaulted, so it’s being offered for “whatever the public is willing to pay” on December 14th.&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;em&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;Previously owned by Gidney and Cloyd?&lt;/span&gt;&lt;/em&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;&quot;&gt;&lt;img class=&quot;alignnone size-medium wp-image-9985&quot; title=&quot;gidney_cloyd&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/gidney_cloyd-300x233.jpg&quot; alt=&quot;gidney_cloyd&quot; width=&quot;300&quot; height=&quot;233&quot; /&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 8pt; font-family: Arial;&quot;&gt;&lt;br /&gt;
You mean you&amp;#8217;re homeless now?&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 8pt; font-family: Arial;&quot;&gt;&lt;br /&gt;
&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;&quot;&gt;&lt;img class=&quot;alignnone size-medium wp-image-9984&quot; title=&quot;weburbanist_top_15_most_amazing_houses_world_space_081209&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_space_081209-300x201.jpg&quot; alt=&quot;weburbanist_top_15_most_amazing_houses_world_space_081209&quot; width=&quot;300&quot; height=&quot;201&quot; /&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;&lt;br /&gt;
Inversion House – Houston,  Texas&lt;/span&gt;&lt;span style=&quot;font-size: 8pt; font-family: Arial;&quot;&gt; (images via: &lt;a href=&quot;http://www.flickr.com/photos/kevinomara/tags/arthouse/&quot;&gt;Flickr user Kevin O’Mara&lt;/a&gt;)&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;When two old studio buildings owned by &lt;a href=&quot;http://www.artleaguehouston.org/InversionPressRelease.htm%20&quot;&gt;The Art League&lt;/a&gt; in Houston were set to be demolished, they decided to take the opportunity to turn them into a temporary art installation. Artists Dan Havel and Dean Ruck sculpturally altered the two buildings, peeling off the exterior siding of the front building to simulate the appearance of a funnel-like vortex. The opening was actually a tiny hallway (only kids could fit through it) that passed through the two structures and emptied out into an adjacent courtyard.&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;em&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;Made by the giant sucking sound of jobs moving to Mexico?&lt;/span&gt;&lt;/em&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;And speaking of giant sucking sounds …&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;&quot;&gt;&lt;img class=&quot;alignnone size-medium wp-image-9986&quot; title=&quot;weburbanist_top_15_most_amazing_houses_world_toilet1_081209&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_toilet1_081209-300x205.jpg&quot; alt=&quot;weburbanist_top_15_most_amazing_houses_world_toilet1_081209&quot; width=&quot;300&quot; height=&quot;205&quot; /&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;&lt;br /&gt;
Toilet-Shaped House – Suweon,  South Korea&lt;/span&gt;&lt;span style=&quot;font-size: 8pt; font-family: Arial;&quot;&gt; (images via: &lt;a href=&quot;http://www.reuters.com/article/lifestyleMolt/idUSSEO13684020071009%20&quot;&gt;Reuters&lt;/a&gt;)&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;The world’s one and only &lt;a href=&quot;http://afp.google.com/article/ALeqM5jkXFZjtOAw5uDxOAFqYc-d7HxECQ&quot;&gt;toilet-shaped house&lt;/a&gt; was built to mark the launch of the World Toilet Association, a campaign for more sanitary restrooms worldwide. Sim Jae-Duck, nicknamed “Mayor Toilet”, had the 4,508-square-foot concrete and glass structure built in his native city of Suweon, South Korea. At the center of the home is a glass-walled “showcase loo” that produces mist to make users feel more secure. Sim, who was born into a toilet and has made clean restrooms his life’s work, now lives in the home.&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;This is the first of several, houses where the building configuration is intended as an explicit political or social statement, proving that not only do people use houses to cocoon themselves, but also to display their individuality.&lt;span&gt; &lt;/span&gt;&lt;a href=&quot;../2006/12/benefits_of_hom.html&quot;&gt;Improvability is a fundamental attribute of true homeownership&lt;/a&gt;, and just as tattoos and piercings are an assertion of self – &lt;em&gt;it&amp;#8217;s my body and I&amp;#8217;ll decorate or mutilate it as I choose &lt;/em&gt;– so is the housing configuration an assertion of ownership over a space.&lt;span&gt; &lt;/span&gt;This is where I live, and I state who I am by what I present.&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;&quot;&gt;&lt;img class=&quot;alignnone size-medium wp-image-9987&quot; title=&quot;weburbanist_top_15_most_amazing_houses_world_toilet2_081209&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_toilet2_081209-300x202.jpg&quot; alt=&quot;weburbanist_top_15_most_amazing_houses_world_toilet2_081209&quot; width=&quot;300&quot; height=&quot;202&quot; /&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;em&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;When we said we wanted the walls flush, perhaps you misunderstood …&lt;/span&gt;&lt;/em&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;&quot;&gt;&lt;img class=&quot;alignnone size-medium wp-image-9988&quot; title=&quot;weburbanist_top_15_most_amazing_houses_world_mushroom_081209&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_mushroom_081209-280x300.jpg&quot; alt=&quot;weburbanist_top_15_most_amazing_houses_world_mushroom_081209&quot; width=&quot;280&quot; height=&quot;300&quot; /&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;&lt;br /&gt;
Mushroom House &amp;#8211; Cincinnati,  Ohio&lt;/span&gt;&lt;span style=&quot;font-size: 8pt; font-family: Arial;&quot;&gt; (images via: &lt;a href=&quot;http://www.agilitynut.com/h/treehouse.html%20&quot;&gt;Agility Nut&lt;/a&gt;)&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;Architect Terry Brown created this much-maligned ‘&lt;a href=&quot;http://archrecord.construction.com/news/daily/archives/080811brown.asp%20&quot;&gt;mushroom house&lt;/a&gt;’, an unusual piece of architecture situated in a rather upscale area of Cincinnati. Brown’s architectural style developed when he began experimenting with materials like wood, colored glass, shell, ceramics and various metals to create irregular shapes that mimic those found in nature.  A professor of architecture and interior design at the University of Cincinnati, Brown frequently had to defend the unique design of the house against complaints by neighbors before passing away in 2008.&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;em&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;This is what we meant when we talked about houses springing up overnight …&lt;/span&gt;&lt;/em&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;&quot;&gt;&lt;img class=&quot;alignnone size-medium wp-image-9989&quot; title=&quot;weburbanist_top_15_most_amazing_houses_world_floating_081209&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_floating_081209-280x300.jpg&quot; alt=&quot;weburbanist_top_15_most_amazing_houses_world_floating_081209&quot; width=&quot;280&quot; height=&quot;300&quot; /&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;&lt;br /&gt;
Floating House &amp;#8211; Ukraine&lt;/span&gt;&lt;span style=&quot;font-size: 8pt; font-family: Arial;&quot;&gt; (images via: &lt;a href=&quot;http://aphasia-design.blogspot.com/2008/10/ukraine-house-house-in-krasnosilka.html%20&quot;&gt;Aphasia Design&lt;/a&gt;)&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;An optical illusion? Trick of Photoshop? Nobody really seems to know much about this supposed ‘&lt;a href=&quot;http://aphasia-design.blogspot.com/2008/10/ukraine-house-house-in-krasnosilka.html%20&quot;&gt;floating barn&lt;/a&gt;’ which was reportedly located in Ukraine and may or may not still be standing. Cantilevered barns do exist &amp;#8211; mostly in the &lt;a href=&quot;http://tennesseeencyclopedia.net/imagegallery.php?EntryID=C027%20&quot;&gt;Appalachian region&lt;/a&gt; of the United   States – but usually aren’t quite this dramatic looking. Real or fake, it’s certainly pretty striking.&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;em&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;Imported straight from Laputa!&lt;/span&gt;&lt;/em&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;&quot;&gt;&lt;img class=&quot;alignnone size-full wp-image-9990&quot; title=&quot;weburbanist_top_15_most_amazing_houses_world_wooden1_081209&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_wooden1_081209.jpg&quot; alt=&quot;weburbanist_top_15_most_amazing_houses_world_wooden1_081209&quot; width=&quot;468&quot; height=&quot;682&quot; /&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;&lt;br /&gt;
Wooden Skyscraper &amp;#8211; Arkhangelsk,  Russia&lt;/span&gt;&lt;span style=&quot;font-size: 8pt; font-family: Arial;&quot;&gt; (images via: &lt;a href=&quot;http://www.telegraph.co.uk/news/worldnews/1544827/Gangster-who-built-world%27s-tallest-log-cabin.html%20&quot;&gt;The Telegraph&lt;/a&gt; + &lt;a href=&quot;http://englishrussia.com/?p=543%20&quot;&gt;English Russia&lt;/a&gt;)&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;Nikolai Sutyagin, a former gangster, began building this ‘&lt;a href=&quot;http://www.telegraph.co.uk/news/worldnews/1544827/Gangster-who-built-world%27s-tallest-log-cabin.html%20&quot;&gt;wooden skyscraper&lt;/a&gt;’ in Arkhangelsk,  Russia with the intention of it being only a two-story building. But, a trip to see wooden houses in Japan and Norway convinced him that he hadn’t used roof space efficiently enough, so he kept building. “First I added three floors but then the house looked ungainly, like a mushroom,” he said. “So I added another and it still didn’t look right so I kept going. What you see today is a happy accident.” &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;Self-building is remarkably common throughout the world.&lt;span&gt; &lt;/span&gt;The famous San Jose &lt;a href=&quot;http://www.winchestermysteryhouse.com/story.html&quot;&gt;Winchester Mystery House&lt;/a&gt; of roughly 160 rooms was begun in 1884 by a wealthy widow, who never stopped extending and improving it until she died.&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;&quot;&gt;&lt;img class=&quot;alignnone size-full wp-image-9991&quot; title=&quot;winchester_birds_eye&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/winchester_birds_eye.jpg&quot; alt=&quot;winchester_birds_eye&quot; width=&quot;440&quot; height=&quot;286&quot; /&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;More than likely, she was obsessive-compulsive, as the house has neither rhyme nor reason, with among other things stairs to the ceiling:&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;&quot;&gt;&lt;img class=&quot;alignnone size-medium wp-image-9992&quot; title=&quot;winchester_stairs_to_nowhere&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/winchester_stairs_to_nowhere-300x200.jpg&quot; alt=&quot;winchester_stairs_to_nowhere&quot; width=&quot;300&quot; height=&quot;200&quot; /&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;And stairs to nowhere:&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;&quot;&gt;&lt;img class=&quot;alignnone size-medium wp-image-9993&quot; title=&quot;winchester_stairs_02&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/winchester_stairs_02-300x196.jpg&quot; alt=&quot;winchester_stairs_02&quot; width=&quot;300&quot; height=&quot;196&quot; /&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;Building can be impoverishing:&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;The multimillionaire became a pauper after his possessions were destroyed during a stint in prison, and the house is now decaying around him, but he still lives in the bottom floor with his wife.&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;em&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;I may be cash-poor, but I&amp;#8217;m house rich!&lt;/span&gt;&lt;/em&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 10pt; font-family: Arial;&quot;&gt;&lt;img class=&quot;alignnone size-medium wp-image-9994&quot; title=&quot;weburbanist_top_15_most_amazing_houses_world_poland_081209&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/weburbanist_top_15_most_amazing_houses_world_poland_081209-280x300.jpg&quot; alt=&quot;weburbanist_top_15_most_amazing_houses_world_poland_081209&quot; width=&quot;280&quot; height=&quot;300&quot; /&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;&lt;br /&gt;
The Upside-Down House – Szymbark, Poland&lt;/span&gt;&lt;span style=&quot;font-size: 8pt; font-family: Arial;&quot;&gt;&lt;br /&gt;
(images via: &lt;a href=&quot;http://freshome.com/2007/09/08/amazing-upside-down-house%20&quot;&gt;Fresh Home&lt;/a&gt;)&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;Polish businessman and philanthropist Daniel Czapiewski built &lt;a href=&quot;http://freshome.com/2007/09/08/amazing-upside-down-house%20&quot;&gt;The Upside Down House&lt;/a&gt; as a &lt;strong&gt;statement about the Communist era and the end of the world.&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;Another example, like the toilet house, of using the building as a visible expression of a political view.&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;It took 114 days to build because the workers were so disoriented by the angles of the walls. It certainly attracts its fair share of tourists to the tiny village  of Szymbark, who often become &lt;strong&gt;dizzy and ‘seasick’ after just a few moments inside.&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;We are so used to right angles representing horizontal and vertical that when we are encased in a titled environment, our brains seek to rewire the neurological impulses coming from our eyes and inner ears to make things align.&lt;span&gt; &lt;/span&gt;As a kid, I remember visiting a tilted house where water appeared to run uphill, an illusion that never fails to draw attention.&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt;Which brings me, in a slightly serious way, back to the original point: we &lt;em&gt;are&lt;/em&gt; what we live in, and what home we inhabit in some way outwardly expresses ourselves and inwardly defines how we see ourselves.&lt;span&gt; &lt;/span&gt;As I wrote in the original post:&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 10pt; font-family: Arial;&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 1in;&quot;&gt;&lt;span style=&quot;font-size: 9pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt;Charles Karelis, a professor at George  Washington University, has a simpler but far more radical argument to make: traditional economics just doesn’t apply to the poor. When we’re poor, Karelis argues, our economic worldview is shaped by deprivation, and we see the world around us not in terms of goods to be consumed but as problems to be alleviated. &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 1in;&quot;&gt;&lt;span style=&quot;font-size: 11pt; color: #333333;&quot; lang=&quot;EN&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 9pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt;My family never owned a new car.&lt;span&gt; &lt;/span&gt;Not for me the 00000 odometer.&lt;span&gt; &lt;/span&gt;It was always used cars of one sort or another – always bought cheap, always driven until they died underneath us.&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 11pt; color: #333333;&quot; lang=&quot;EN&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 9pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt;&lt;img class=&quot;alignnone size-medium wp-image-9995&quot; title=&quot;odometer&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/odometer-300x251.jpg&quot; alt=&quot;odometer&quot; width=&quot;300&quot; height=&quot;251&quot; /&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 7pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt;&lt;br /&gt;
Ours always had big numbers on it&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 9pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 9pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt;[Snip]&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 9pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 9pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt;Count me among those who think Karelis is on to something – and if you’re going to change something to help change people’s poverty, it starts with housing.&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 11pt; color: #333333;&quot; lang=&quot;EN&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 9pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt;You are what you live in.&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 9pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 9pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt;&lt;img class=&quot;alignnone size-full wp-image-9996&quot; title=&quot;hand_knocker&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/hand_knocker.jpg&quot; alt=&quot;hand_knocker&quot; width=&quot;160&quot; height=&quot;240&quot; /&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 7pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt;&lt;br /&gt;
Change your housing, change your self&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;margin-left: 0.5in;&quot;&gt;&lt;span style=&quot;font-size: 7pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt;&lt;br /&gt;
&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 7pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;background: aqua none repeat scroll 0% 0%; font-size: 9pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt;&lt;img class=&quot;alignnone size-medium wp-image-9997&quot; title=&quot;0190_brighton_bathhouses&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/0190_brighton_bathhouses-300x225.jpg&quot; alt=&quot;0190_brighton_bathhouses&quot; width=&quot;300&quot; height=&quot;225&quot; /&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 8pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt;&lt;br /&gt;
And they&amp;#8217;re all made of ticky-tacky, and they all look just the same?&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;font-size: 8pt; font-family: Arial; color: #333333;&quot; lang=&quot;EN&quot;&gt; &lt;/span&gt;&lt;/p&gt;
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		<title>Plowing it under: Part 2, the how</title>
		<link>http://affordablehousinginstitute.org/blogs/us/2009/06/plowing-it-under-part-2-the-how.html</link>
		<comments>http://affordablehousinginstitute.org/blogs/us/2009/06/plowing-it-under-part-2-the-how.html#comments</comments>
		<pubDate>Fri, 05 Jun 2009 13:44:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[California]]></category>
		<category><![CDATA[Homeownership]]></category>
		<category><![CDATA[Innovations]]></category>
		<category><![CDATA[Subprime]]></category>
		<category><![CDATA[Tenure]]></category>
		<category><![CDATA[US News]]></category>

		<guid isPermaLink="false">http://affordablehousinginstitute.org/blogs/us/2009/06/plowing-it-under-part-2-the-how.html</guid>
		<description><![CDATA[Continued from yesterday&#8217;s Part 1.]
&#160;
In yesterday&#8217;s depressing blog post, we visited beautiful distant Victorville, California:
&#160;

Over the mountains on the road to Vegas: isolated Victorville
&#160;
A new-construction development in Victorville is being dismantled, as reported in this Los Angeles Times story, because holding the property has become more expensive thanks to the perverse consequences of a recent [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Continued from yesterday&#8217;s <a href="http://affordablehousinginstitute.org/blogs/us/2009/06/plowing-it-under-part-1-the-why.html">Part 1</a>.]<?xml:namespace prefix ="" o /><o:p></o:p></span></i></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">In yesterday&#8217;s depressing blog post, we visited beautiful distant <a href="http://www.ci.victorville.ca.us/">Victorville</a>, <?xml:namespace prefix ="" st1 /><st1:state w:st="on">California</st1:state>:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Victorville_map" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/victorville-map-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Over the mountains on the road to Vegas: isolated Victorville<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">A new-construction development in Victorville is being dismantled, as reported in this </span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><a href="http://www.latimes.com/business/la-fi-demolish5-2009may05,0,4930126.story">Los Angeles Times</a> story, because h</span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">olding the property has become more expensive thanks to the perverse consequences of a <a href="http://www.articlesbase.com/real-estate-articles/california-enacts-new-law-affecting-properties-acquired-through-foreclosure-senate-bill-1137-484141.html">recent anti-foreclosure California law</a>, <span style="COLOR: navy"><a href="http://www.unitedinvestors.com/CA_SenateBill_1137.php">SB 1137</a></span>.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">This may not be what Victorville wants, but it&#8217;s what Victorville is getting:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Swap_1" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/swap-1-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">The image Victorville presents of itself: happy people developing land!<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">(Scrolling banner from <a href="http://www.ci.victorville.ca.us/">the City of Victorville&#8217;s Web site</a>)<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The lender is tearing down the property because it now has negative holding value (and thus, potentially, <a href="http://affordablehousinginstitute.org/blogs/us/2009/04/negative-equity-part-1-glebe-land.html">negative equity</a>), and the city (spokeswoman Yvonne Hester) seems blind to the potential opportunity for affordable housing.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><br />The development was in a part of town remote even for Victorville, a wind-swept high desert city of about 100,000 residents. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Victorville_route_66_museum" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/victorville-route-66-museum-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Famous for its Route 66 Museum<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">In more urban areas, lower-maintenance properties like office buildings are being &#8217;saran-wrapped&#8217; &ndash; completed, then sealed and held 100% vacant in the expectation that sometime soon they will be worth renting.<span style="mso-spacerun: yes">&nbsp; </span>That&#8217;s harder for single-family homes, each of which must be protected by an occupant.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Individually_wrapped_dog_biscuits" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/individually-wrapped-dog-biscuits-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Individually wrapped <i style="mso-bidi-font-style: normal">for your protection<o:p></o:p></i></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">However, it&#8217;s all but impossible to protect an uncompleted (and hence unoccupiable) property except with round-the-clock security guards. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Latimes_housing_ crunch_becomes_literal_in_victorville_wreckage_090505" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/latimes-housing-20crunch-becomes-literal-in-victorville-wreckage-090505-small1.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Anything can happen if nobody&#8217;s watching.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><?xml:namespace prefix ="" o ns ="" "urn:schemas-microsoft-com:office:office" /><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">A dozen of the homes were in various stages of construction. Some had frames erected, and a few others had drywall hung, said Jorge Duran, Victorville&#8217;s code enforcement manager.<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The four finished homes, however, were richly appointed with granite countertops, whirlpool bathtubs and dual-pane windows.<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Now they will be disassembled and sold for body parts. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Building permits were issued in September 2007, Hester said. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"></o:p></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Development is like the tide: it rolls in to new <st1:place w:st="on"><st1:city w:st="on">greenfield</st1:city></st1:place> (or, in Victorville&#8217;s case, desert-field), reaches a high-water mark, and then either stops of recedes.<span style="mso-spacerun: yes">&nbsp; </span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="Casablanca_train_rain" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/casablanca-train-rain-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Dear Mr. Bogart, you are the last developer in <st1:place w:st="on"><st1:city w:st="on">Paris</st1:city>, <st1:state w:st="on">Texas</st1:state></st1:place> &hellip;<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Home prices were already falling, but in <st1:place w:st="on"><st1:placename w:st="on">San Bernardino</st1:placename> <st1:placetype w:st="on">County</st1:placetype></st1:place>, the median price that month was still a robust $325,000, according to DataQuick, enough to keep fueling hope &#8212; or denial.<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">This developer was in the unlucky position of being the last, worst optimist.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="0191_nile_midrise" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/0191-nile-midrise-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">&#8220;These Egyptian properties are NOT vacant!&#8221; shouted Tom, deep in denial<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><br />Construction halted in the summer of 2008, and the homes became a nuisance, attracting vandals and squatters, Hester said. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">A home is an organism <a href="http://affordablehousinginstitute.org/blogs/us/2007/03/clandestine_occ.html">defended by its occupants</a>.<span style="mso-spacerun: yes">&nbsp; </span>If there are no occupants, <a href="http://affordablehousinginstitute.org/blogs/us/2007/03/haitis_slums_th.html">the home is defenseless</a>.<span style="mso-spacerun: yes">&nbsp; </span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The city first cited the developer for failing to maintain the property in July, Hester said.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Notice that <st1:state w:st="on"><st1:place w:st="on">California</st1:place></st1:state>&#8217;s unwisely structured law, <span style="COLOR: navy"><a href="http://www.unitedinvestors.com/CA_SenateBill_1137.php">SB 1137</a></span>, penalizes foreclosing banks worse than developers.<span style="mso-spacerun: yes">&nbsp; </span>Developers can be hit only with the normal citations; banks can be fined $1,000 per property per day.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><br /><b style="mso-bidi-font-weight: normal">&#8220;People were taking sinks, the air conditioners</B>. For someone who wanted to do no good, it provided an opportunity,&#8221; she said.<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">There&#8217;s something hideous about the slow looting of a <a href="http://affordablehousinginstitute.org/blogs/us/2009/05/shooting-a-white-elephant-part-1-the-elephant.html">helpless white elephant</a>.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Scavengers_03" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/scavengers-03-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Dead but still got some tasty bits<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><br />The bank repossessed the development in August, Hester said. <b style="mso-bidi-font-weight: normal">Demolition permits</b> were granted April 9.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">This is <st1:place w:st="on"><st1:state w:st="on">California</st1:state></st1:place>, remember, where you can&#8217;t build it without permission, and having built it, <a href="http://affordablehousinginstitute.org/blogs/us/2009/05/shooting-a-white-elephant-part-3-the-human-shields.html"><font color="#800080">you can&#8217;t tear it down without permission either</font></a>.<span style="mso-spacerun: yes">&nbsp; </span>It&#8217;s the <a href="http://affordablehousinginstitute.org/blogs/us/2007/01/the_production.html">housing production paradox run riot</a>.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><br />The wrecking crew showed up near the end of the month. Forrester was not officially part of the demolition team. His nephew, who got him the job, operated the backhoe that tore through the houses with the destructive ease of a mechanical Godzilla. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Easy on the symbolism, guys!<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Mechagodzilla2" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/mechagodzilla2-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Anyvon referenzing de Terminador vill be destroyt<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Forrester&#8217;s job was to chase vandals away and sell what he could to bargain hunters.<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="Ostrogoths" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/ostrogoths-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">&#8220;uh, gentlemen, could I interrupt your pillage for a moment?&#8221;<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Very strange profession, like the caretaker in an empty hotel.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Shining_axe" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/shining-axe-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Eviction time!<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">He slept in the model homes until, one by one, they were gone. By Friday, the crew was on the last house &#8212; a hulking two-story model with a floor plan blown open by demolished exterior walls.<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The place looked as if it had been hit by a hurricane, but it was only the splatter of the burst housing bubble. Folks driving by on U.S. 395, the highway from Hesperia to <?xml:namespace prefix ="" st1 ns ="" "urn:schemas-microsoft-com:office:smarttags" /><st1:place w:st="on"><st1:city w:st="on">Reno</st1:city></st1:place>, saw the wreckage and stopped by to see what they could salvage.<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Scavenging, however informal, is a natural human trait that finds its expression in the ragpickers who make a tiny living in the world&#8217;s large cities.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Indian_ragpicker" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/indian-ragpicker-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Indian ragpicker<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><br />Forrester was happy to oblige them. Whatever they would take &#8220;<B style="mso-bidi-font-weight: normal">saves the dump fees</B>,&#8221; he said. &#8220;I gave one guy a granite counter for $40, gave another dual-pane windows for $20 a piece.&#8221;<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">In effect, the unit value of each item is depressed by the search/ carrying costs of finding the buyer.<span style="mso-spacerun: yes">&nbsp; </span>Bargains by the roadside achieve the same purpose.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><br />A fellow with a dually pickup and trailer showed up asking for some studs. He declined to be interviewed, <b style="mso-bidi-font-weight: normal">nor did he want to talk about what he would use them for.</b> <span style="mso-spacerun: yes">&nbsp;</span>Used building materials are prohibited for use in new construction, <b style="mso-bidi-font-weight: normal">so lumber from the site would have to be for personal projects.</b><br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Again, note the unintended consequence of a well-intentioned law.<span style="mso-spacerun: yes">&nbsp; </span>What is &#8216;used&#8217;?<span style="mso-spacerun: yes">&nbsp; </span>When we were fitting out our new offices, we were able to buy &#8216;used&#8217; work stations that had, in fact, never been uncreated from their boxes and assembled; they&#8217;d been delivered to a law firm who no longer needed them, and resold for a fifth of their retail price.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Forrester sold him a trailer full of 2-by-4s for $40.<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">This is an important phenomenon</span></i><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">; manufactured goods are reused, and in the arbitrage between retail price and resale price, the market clears.<span style="mso-spacerun: yes">&nbsp; </span><a href="http://affordablehousinginstitute.org/blogs/us/2005/06/markets_always.html">Markets always clear</a>, markets must clear, and the faster they clear, the better.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">(We are having a problem now in LIHTC because the market&#8217;s clearing is being inhibited by <a href="http://www.casfas.com/docs/Policy_Update_75.pdf">the above-market tax credit exchange program</a> about <a href="http://www.casfas.com/docs/Recap_Update_73_Cash-for_LIHTC_swa_incomplete_solution.pdf">which I&#8217;ve fulminated elsewhere</a>.)</span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">A bit later, Marla Bowers and Candy Sweet drove up, also looking for lumber. Bowers said she wanted to build a shed. Sweet needed to repair some termite damage.<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">&#8220;A dollar for clean ones, 50 cents if they&#8217;re dirty,&#8221; Forrester offered. When Bowers hesitated, Forrester lowered his price. They settled on a six-pack of <st1:place w:st="on"><st1:city w:st="on">Corona</st1:city></st1:place>.<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Ron Willemsen, president of Intravaia Rock and Sand, the <st1:city w:st="on"><st1:place w:st="on">Montclair</st1:place></st1:city> company handling the demolition, said he was glad to see people finding uses for the materials. But wrecking a pristine house troubled him.<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">&#8220;It&#8217;s a waste of a lot of resources and perfectly good construction,&#8221; he said.<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">If you can&#8217;t move it <i style="mso-bidi-font-style: normal">in toto, </i>then you have to disassemble it and move the pieces.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="Moving_house" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/moving-house-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">This isn&#8217;t cheap either<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Willemsen, whose family has run the business for 50 years, said it was the first time the firm had demolished a new housing project to return a potential neighborhood to soil.<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Typically, the company demolishes vacant properties when they&#8217;ve outlived their usefulness and other construction projects are set to take their places.<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">His firm also recycles the demolished structures, as it will these former dream homes. The concrete will become base material for parking lots and roads, the wood chipped into mulch.<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">&#8220;Have you seen the side of the 210 Freeway?&#8221; Willemsen said. &#8220;That&#8217;s our product.&#8221;<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">And its epitaph:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Gettysburg_dead" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/gettysburg-dead-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">July 4, Gettsyburg, 1863<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: 'Palatino Linotype'; mso-bidi-font-size: 12.0pt">Pile the bodies high at <st1:city w:st="on">Austerlitz</st1:city> and <st1:city w:st="on"><st1:place w:st="on">Waterloo</st1:place></st1:city>.<br />Shovel them under and let me work &#8211; <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: 0.5in"><span style="FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: 'Palatino Linotype'; mso-bidi-font-size: 12.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: 0.5in"><span style="FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: 'Palatino Linotype'; mso-bidi-font-size: 12.0pt">I am the grass; I cover all.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: 'Palatino Linotype'; mso-bidi-font-size: 12.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: 'Palatino Linotype'; mso-bidi-font-size: 12.0pt">And pile them high at <st1:city w:st="on">Gettysburg</st1:city> <br />And pile them high at Ypres and <st1:place w:st="on"><st1:city w:st="on">Verdun</st1:city></st1:place>. <br />Shovel them under and let me work. <br />Two years, ten years, and passengers ask the conductor: <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: 'Palatino Linotype'; mso-bidi-font-size: 12.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 1in"><span style="FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: 'Palatino Linotype'; mso-bidi-font-size: 12.0pt">What place is this?<br />Where are we now? <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 1in"><span style="FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: 'Palatino Linotype'; mso-bidi-font-size: 12.0pt">I am the grass.<br />Let me work.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 1in"><span style="FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: 'Palatino Linotype'; mso-bidi-font-size: 12.0pt">&#8211; <i style="mso-bidi-font-style: normal"><a href="http://glenavalon.com/grass.html">Grass</a></i>, by Carl Sandburg<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="Carl_sandburg" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/carl-sandburg-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Let me work &hellip;</span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt"><o:p></o:p></span>&nbsp;</p>
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<input type="hidden" name="postTitle_0" value="Plowing it under: Part 2, the how">
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<input type="hidden" name="postContent_0" value="&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Continued from yesterday&amp;#8217;s &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2009/06/plowing-it-under-part-1-the-why.html&quot;&gt;Part 1&lt;/a&gt;.]&lt;?xml:namespace prefix =&quot;&quot; o /&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;In yesterday&amp;#8217;s depressing blog post, we visited beautiful distant &lt;a href=&quot;http://www.ci.victorville.ca.us/&quot;&gt;Victorville&lt;/a&gt;, &lt;?xml:namespace prefix =&quot;&quot; st1 /&gt;&lt;st1:state w:st=&quot;on&quot;&gt;California&lt;/st1:state&gt;:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Victorville_map&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/victorville-map-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Over the mountains on the road to Vegas: isolated Victorville&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;A new-construction development in Victorville is being dismantled, as reported in this &lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;a href=&quot;http://www.latimes.com/business/la-fi-demolish5-2009may05,0,4930126.story&quot;&gt;Los Angeles Times&lt;/a&gt; story, because h&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;olding the property has become more expensive thanks to the perverse consequences of a &lt;a href=&quot;http://www.articlesbase.com/real-estate-articles/california-enacts-new-law-affecting-properties-acquired-through-foreclosure-senate-bill-1137-484141.html&quot;&gt;recent anti-foreclosure California law&lt;/a&gt;, &lt;span style=&quot;COLOR: navy&quot;&gt;&lt;a href=&quot;http://www.unitedinvestors.com/CA_SenateBill_1137.php&quot;&gt;SB 1137&lt;/a&gt;&lt;/span&gt;.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;This may not be what Victorville wants, but it&amp;#8217;s what Victorville is getting:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Swap_1&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/swap-1-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;The image Victorville presents of itself: happy people developing land!&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;(Scrolling banner from &lt;a href=&quot;http://www.ci.victorville.ca.us/&quot;&gt;the City of Victorville&amp;#8217;s Web site&lt;/a&gt;)&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;The lender is tearing down the property because it now has negative holding value (and thus, potentially, &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2009/04/negative-equity-part-1-glebe-land.html&quot;&gt;negative equity&lt;/a&gt;), and the city (spokeswoman Yvonne Hester) seems blind to the potential opportunity for affordable housing.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;br /&gt;The development was in a part of town remote even for Victorville, a wind-swept high desert city of about 100,000 residents. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Victorville_route_66_museum&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/victorville-route-66-museum-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Famous for its Route 66 Museum&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;In more urban areas, lower-maintenance properties like office buildings are being &amp;#8217;saran-wrapped&amp;#8217; &amp;ndash; completed, then sealed and held 100% vacant in the expectation that sometime soon they will be worth renting.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;That&amp;#8217;s harder for single-family homes, each of which must be protected by an occupant.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Individually_wrapped_dog_biscuits&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/individually-wrapped-dog-biscuits-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Individually wrapped &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;for your protection&lt;o:p&gt;&lt;/o:p&gt;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;However, it&amp;#8217;s all but impossible to protect an uncompleted (and hence unoccupiable) property except with round-the-clock security guards. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Latimes_housing_ crunch_becomes_literal_in_victorville_wreckage_090505&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/latimes-housing-20crunch-becomes-literal-in-victorville-wreckage-090505-small1.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Anything can happen if nobody&amp;#8217;s watching.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;?xml:namespace prefix =&quot;&quot; o ns =&quot;&quot; &quot;urn:schemas-microsoft-com:office:office&quot; /&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;A dozen of the homes were in various stages of construction. Some had frames erected, and a few others had drywall hung, said Jorge Duran, Victorville&amp;#8217;s code enforcement manager.&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;The four finished homes, however, were richly appointed with granite countertops, whirlpool bathtubs and dual-pane windows.&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Now they will be disassembled and sold for body parts. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Building permits were issued in September 2007, Hester said. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Development is like the tide: it rolls in to new &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:city w:st=&quot;on&quot;&gt;greenfield&lt;/st1:city&gt;&lt;/st1:place&gt; (or, in Victorville&amp;#8217;s case, desert-field), reaches a high-water mark, and then either stops of recedes.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Casablanca_train_rain&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/casablanca-train-rain-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Dear Mr. Bogart, you are the last developer in &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:city w:st=&quot;on&quot;&gt;Paris&lt;/st1:city&gt;, &lt;st1:state w:st=&quot;on&quot;&gt;Texas&lt;/st1:state&gt;&lt;/st1:place&gt; &amp;hellip;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Home prices were already falling, but in &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:placename w:st=&quot;on&quot;&gt;San Bernardino&lt;/st1:placename&gt; &lt;st1:placetype w:st=&quot;on&quot;&gt;County&lt;/st1:placetype&gt;&lt;/st1:place&gt;, the median price that month was still a robust $325,000, according to DataQuick, enough to keep fueling hope &amp;#8212; or denial.&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;This developer was in the unlucky position of being the last, worst optimist.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;0191_nile_midrise&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/0191-nile-midrise-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;&amp;#8220;These Egyptian properties are NOT vacant!&amp;#8221; shouted Tom, deep in denial&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;br /&gt;Construction halted in the summer of 2008, and the homes became a nuisance, attracting vandals and squatters, Hester said. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;A home is an organism &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2007/03/clandestine_occ.html&quot;&gt;defended by its occupants&lt;/a&gt;.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;If there are no occupants, &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2007/03/haitis_slums_th.html&quot;&gt;the home is defenseless&lt;/a&gt;.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;The city first cited the developer for failing to maintain the property in July, Hester said.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Notice that &lt;st1:state w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;California&lt;/st1:place&gt;&lt;/st1:state&gt;&amp;#8217;s unwisely structured law, &lt;span style=&quot;COLOR: navy&quot;&gt;&lt;a href=&quot;http://www.unitedinvestors.com/CA_SenateBill_1137.php&quot;&gt;SB 1137&lt;/a&gt;&lt;/span&gt;, penalizes foreclosing banks worse than developers.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Developers can be hit only with the normal citations; banks can be fined $1,000 per property per day.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;br /&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&amp;#8220;People were taking sinks, the air conditioners&lt;/B&gt;. For someone who wanted to do no good, it provided an opportunity,&amp;#8221; she said.&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;There&amp;#8217;s something hideous about the slow looting of a &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2009/05/shooting-a-white-elephant-part-1-the-elephant.html&quot;&gt;helpless white elephant&lt;/a&gt;.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Scavengers_03&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/scavengers-03-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Dead but still got some tasty bits&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;br /&gt;The bank repossessed the development in August, Hester said. &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;Demolition permits&lt;/b&gt; were granted April 9.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;This is &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:state w:st=&quot;on&quot;&gt;California&lt;/st1:state&gt;&lt;/st1:place&gt;, remember, where you can&amp;#8217;t build it without permission, and having built it, &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2009/05/shooting-a-white-elephant-part-3-the-human-shields.html&quot;&gt;&lt;font color=&quot;#800080&quot;&gt;you can&amp;#8217;t tear it down without permission either&lt;/font&gt;&lt;/a&gt;.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;It&amp;#8217;s the &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2007/01/the_production.html&quot;&gt;housing production paradox run riot&lt;/a&gt;.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;br /&gt;The wrecking crew showed up near the end of the month. Forrester was not officially part of the demolition team. His nephew, who got him the job, operated the backhoe that tore through the houses with the destructive ease of a mechanical Godzilla. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Easy on the symbolism, guys!&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Mechagodzilla2&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/mechagodzilla2-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Anyvon referenzing de Terminador vill be destroyt&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Forrester&amp;#8217;s job was to chase vandals away and sell what he could to bargain hunters.&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Ostrogoths&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/ostrogoths-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;&amp;#8220;uh, gentlemen, could I interrupt your pillage for a moment?&amp;#8221;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Very strange profession, like the caretaker in an empty hotel.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Shining_axe&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/shining-axe-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Eviction time!&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;He slept in the model homes until, one by one, they were gone. By Friday, the crew was on the last house &amp;#8212; a hulking two-story model with a floor plan blown open by demolished exterior walls.&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;The place looked as if it had been hit by a hurricane, but it was only the splatter of the burst housing bubble. Folks driving by on U.S. 395, the highway from Hesperia to &lt;?xml:namespace prefix =&quot;&quot; st1 ns =&quot;&quot; &quot;urn:schemas-microsoft-com:office:smarttags&quot; /&gt;&lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:city w:st=&quot;on&quot;&gt;Reno&lt;/st1:city&gt;&lt;/st1:place&gt;, saw the wreckage and stopped by to see what they could salvage.&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Scavenging, however informal, is a natural human trait that finds its expression in the ragpickers who make a tiny living in the world&amp;#8217;s large cities.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Indian_ragpicker&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/indian-ragpicker-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Indian ragpicker&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;br /&gt;Forrester was happy to oblige them. Whatever they would take &amp;#8220;&lt;B style=&quot;mso-bidi-font-weight: normal&quot;&gt;saves the dump fees&lt;/B&gt;,&amp;#8221; he said. &amp;#8220;I gave one guy a granite counter for $40, gave another dual-pane windows for $20 a piece.&amp;#8221;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;In effect, the unit value of each item is depressed by the search/ carrying costs of finding the buyer.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Bargains by the roadside achieve the same purpose.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;br /&gt;A fellow with a dually pickup and trailer showed up asking for some studs. He declined to be interviewed, &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;nor did he want to talk about what he would use them for.&lt;/b&gt; &lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp;&lt;/span&gt;Used building materials are prohibited for use in new construction, &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;so lumber from the site would have to be for personal projects.&lt;/b&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Again, note the unintended consequence of a well-intentioned law.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;What is &amp;#8216;used&amp;#8217;?&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;When we were fitting out our new offices, we were able to buy &amp;#8216;used&amp;#8217; work stations that had, in fact, never been uncreated from their boxes and assembled; they&amp;#8217;d been delivered to a law firm who no longer needed them, and resold for a fifth of their retail price.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Forrester sold him a trailer full of 2-by-4s for $40.&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;This is an important phenomenon&lt;/span&gt;&lt;/i&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;; manufactured goods are reused, and in the arbitrage between retail price and resale price, the market clears.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2005/06/markets_always.html&quot;&gt;Markets always clear&lt;/a&gt;, markets must clear, and the faster they clear, the better.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;(We are having a problem now in LIHTC because the market&amp;#8217;s clearing is being inhibited by &lt;a href=&quot;http://www.casfas.com/docs/Policy_Update_75.pdf&quot;&gt;the above-market tax credit exchange program&lt;/a&gt; about &lt;a href=&quot;http://www.casfas.com/docs/Recap_Update_73_Cash-for_LIHTC_swa_incomplete_solution.pdf&quot;&gt;which I&amp;#8217;ve fulminated elsewhere&lt;/a&gt;.)&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;A bit later, Marla Bowers and Candy Sweet drove up, also looking for lumber. Bowers said she wanted to build a shed. Sweet needed to repair some termite damage.&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&amp;#8220;A dollar for clean ones, 50 cents if they&amp;#8217;re dirty,&amp;#8221; Forrester offered. When Bowers hesitated, Forrester lowered his price. They settled on a six-pack of &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:city w:st=&quot;on&quot;&gt;Corona&lt;/st1:city&gt;&lt;/st1:place&gt;.&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Ron Willemsen, president of Intravaia Rock and Sand, the &lt;st1:city w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;Montclair&lt;/st1:place&gt;&lt;/st1:city&gt; company handling the demolition, said he was glad to see people finding uses for the materials. But wrecking a pristine house troubled him.&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&amp;#8220;It&amp;#8217;s a waste of a lot of resources and perfectly good construction,&amp;#8221; he said.&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;If you can&amp;#8217;t move it &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;in toto, &lt;/i&gt;then you have to disassemble it and move the pieces.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Moving_house&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/moving-house-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;This isn&amp;#8217;t cheap either&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Willemsen, whose family has run the business for 50 years, said it was the first time the firm had demolished a new housing project to return a potential neighborhood to soil.&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Typically, the company demolishes vacant properties when they&amp;#8217;ve outlived their usefulness and other construction projects are set to take their places.&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;His firm also recycles the demolished structures, as it will these former dream homes. The concrete will become base material for parking lots and roads, the wood chipped into mulch.&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&amp;#8220;Have you seen the side of the 210 Freeway?&amp;#8221; Willemsen said. &amp;#8220;That&amp;#8217;s our product.&amp;#8221;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;And its epitaph:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Gettysburg_dead&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/gettysburg-dead-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;July 4, Gettsyburg, 1863&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: 'Palatino Linotype'; mso-bidi-font-size: 12.0pt&quot;&gt;Pile the bodies high at &lt;st1:city w:st=&quot;on&quot;&gt;Austerlitz&lt;/st1:city&gt; and &lt;st1:city w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;Waterloo&lt;/st1:place&gt;&lt;/st1:city&gt;.&lt;br /&gt;Shovel them under and let me work &amp;#8211; &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: 'Palatino Linotype'; mso-bidi-font-size: 12.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: 'Palatino Linotype'; mso-bidi-font-size: 12.0pt&quot;&gt;I am the grass; I cover all.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: 'Palatino Linotype'; mso-bidi-font-size: 12.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: 'Palatino Linotype'; mso-bidi-font-size: 12.0pt&quot;&gt;And pile them high at &lt;st1:city w:st=&quot;on&quot;&gt;Gettysburg&lt;/st1:city&gt; &lt;br /&gt;And pile them high at Ypres and &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:city w:st=&quot;on&quot;&gt;Verdun&lt;/st1:city&gt;&lt;/st1:place&gt;. &lt;br /&gt;Shovel them under and let me work. &lt;br /&gt;Two years, ten years, and passengers ask the conductor: &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: 'Palatino Linotype'; mso-bidi-font-size: 12.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 1in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: 'Palatino Linotype'; mso-bidi-font-size: 12.0pt&quot;&gt;What place is this?&lt;br /&gt;Where are we now? &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 1in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: 'Palatino Linotype'; mso-bidi-font-size: 12.0pt&quot;&gt;I am the grass.&lt;br /&gt;Let me work.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 1in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: 'Palatino Linotype'; mso-bidi-font-size: 12.0pt&quot;&gt;&amp;#8211; &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;a href=&quot;http://glenavalon.com/grass.html&quot;&gt;Grass&lt;/a&gt;&lt;/i&gt;, by Carl Sandburg&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Carl_sandburg&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/carl-sandburg-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Let me work &amp;hellip;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&amp;nbsp;&lt;/p&gt;
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		<title>Plowing it under: Part 1, the why</title>
		<link>http://affordablehousinginstitute.org/blogs/us/2009/06/plowing-it-under-part-1-the-why.html</link>
		<comments>http://affordablehousinginstitute.org/blogs/us/2009/06/plowing-it-under-part-1-the-why.html#comments</comments>
		<pubDate>Thu, 04 Jun 2009 14:33:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[What to do with unproductive acreage?&#160; Plow it under &#8211; turn the soil into fallow ground, put the nutrients back into the earth.
&#160;

Better to mulch it before the scavengers take everything
&#160;
Among the many ways land is unique as an asset class is that its physical holding costs are zero &#8211; it need not be maintained.&#160; [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">What to do with unproductive acreage?<span style="mso-spacerun: yes">&nbsp; </span>Plow it under &ndash; turn the soil into fallow ground, put the nutrients back into the earth.<?xml:namespace prefix ="" o /><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Plowing_under" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/plowing-under-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Better to mulch it before the scavengers take everything<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Among the many ways land is unique as an asset class is that its physical holding costs are zero &ndash; it need not be maintained.<span style="mso-spacerun: yes">&nbsp; </span>Every form of improved property requires some maintenance to prevent deterioration, so every form of improved property has an implicit caretaker (owner, tenant, management company) and an implicit revenue source (rents, mortgage payments).<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Land does not.<span style="mso-spacerun: yes">&nbsp; </span>Land holds its value even as the tumbleweeds roll over.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="Tumbleweeds_07" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/tumbleweeds-07-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">No maintenance costs<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Vacant improved property thus has negative holding value (and thus, potentially, <a href="http://affordablehousinginstitute.org/blogs/us/2009/04/negative-equity-part-1-glebe-land.html">negative equity</a>); vacant land may not. <span style="mso-spacerun: yes">&nbsp;</span>(All forms of land and property have a carrying cost of <a href="http://affordablehousinginstitute.org/blogs/us/category/real-estate-taxes">real estate taxes</a>, but that&#8217;s usually a small number for unimproved property.)<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Thus, when you change the relative costs of holding vacant improved property, you can condemn it to death, as unwittingly illustrated in this little story from the </span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><a href="http://www.latimes.com/business/la-fi-demolish5-2009may05,0,4930126.story">Los Angeles Times</a>:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Housing crunch becomes literal in Victorville<o:p></o:p></span></b></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Crunch_group" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/crunch-group-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Crunching a pencil just won&#8217;t do it</p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt"><o:p></o:p></span></p>
<p><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">A bank cuts its losses on a failed 16-unit project by having the homes demolished.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">By Peter Y. Hong<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">May 5, 2009<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Curtis Forrester moved into a brand-new house in Victorville last week, but there was little time to enjoy the Jacuzzi and designer kitchen. He was there only to see it destroyed.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt">
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"></p>
</p>
<p><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"></o:p></span></p>
<p><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Like the human body, which is an entity comprised of organs, a house is an entity comprised of components.<span style="mso-spacerun: yes">&nbsp; </span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"><o:p><img alt="Body_in_motion" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/body-in-motion-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">An entity, but also components<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The Jacuzzi and designer kitchen will be surgically removed and carted off.<span style="mso-spacerun: yes">&nbsp; </span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="Kidney_transplant" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/kidney-transplant-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">One kidney, <a href="http://www.umm.edu/news/releases/kidcost.htm">worth about $15,000 as a transplant?</a><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Even with this salvage, value is being destroyed as you watch:<span style="BACKGROUND: aqua; mso-highlight: aqua"><o:p></o:p></span></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><br />Just a few days after his arrival, the two-story residence and three other luxurious model homes were crushed and hauled off for scrap, the latest fallout from <?xml:namespace prefix ="" st1 /><st1:place w:st="on">Southern California</st1:place>&#8217;s real estate crash.<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><span style="BACKGROUND: aqua; mso-highlight: aqua"><o:p></o:p></span></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Latimes_housing_ crunch_becomes_literal_in_victorville_wreckage_090505" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/latimes-housing-20crunch-becomes-literal-in-victorville-wreckage-090505-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Saluting a fallen comrade: the house goes under in Victorville<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><br />The homes were part of a planned 16-unit project in this community 100 miles north of <st1:city w:st="on"><st1:place w:st="on">Los Angeles</st1:place></st1:city>. The Texas bank that owns the failed development decided to demolish the houses, a cheaper alternative to completing and selling them.<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The alternative described is incomplete.<span style="mso-spacerun: yes">&nbsp; </span>The Texas bank doing the foreclosing would actually have to do three things:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">1. Complete the property<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">2. <b style="mso-bidi-font-weight: normal">Hold and protect the property during the sales period</b><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">3. Sell it.<span style="mso-spacerun: yes">&nbsp; </span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Holding the property has become more expensive thanks to the perverse consequences of a <a href="http://www.articlesbase.com/real-estate-articles/california-enacts-new-law-affecting-properties-acquired-through-foreclosure-senate-bill-1137-484141.html">recent anti-foreclosure California law</a>, <span style="COLOR: navy"><a href="http://www.unitedinvestors.com/CA_SenateBill_1137.php">SB 1137</a>:</span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><st1:place w:st="on"><st1:state w:st="on"><span style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana">California</span></st1:state></st1:place><span style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana"> today <i style="mso-bidi-font-style: normal">[July 15, 2008 &ndash; Ed.]</i> enacted legislation <i style="mso-bidi-font-style: normal"><a href="http://www.unitedinvestors.com/CA_SenateBill_1137.php">[SB 1137</a> &ndash; Ed.] </i>aimed at minimizing the adverse effects of foreclosures on local communities.&nbsp; The legislation increases the responsibilities of lenders owning property acquired through foreclosure.&nbsp; <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana">[Snip]<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><img alt="Snip_snip" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/snip-snip-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana"><o:p>&nbsp;</o:p></span></b></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana">[A]uthorizes government entities to assess fines of up to $1,000 per day per occurrence for failing to maintain property acquired through foreclosure.</span></b><span style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana">&nbsp; Items subject to fine include:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana">1. Permitting excessive foliage growth<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana">2. Failing to take action to prevent trespassers or squatters from remaining on the property<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana">3. Failure to take action to prevent mosquito larvae from growing in standing water<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana">4. Tolerating other conditions that create a public nuisance<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">With words like &#8216;excessive&#8217; and &#8216;public nuisance,&#8217; SB 1137 gives localities a self-renewing club with which to beat owners of foreclosed property &ndash; that is, out-of-state banks &ndash; over the head.<span style="mso-spacerun: yes">&nbsp; </span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"><o:p><img alt="Hit_over_head_stitches" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/hit-over-head-stitches-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">What $1,000 per property per day can do to your balance sheet<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">At $1,000 <i style="mso-bidi-font-style: normal">per day </i>per property, it won&#8217;t take long for the fines to exceed any conceivable net value from selling.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">In effect, SB 1137 signs many properties&#8217; death warrant.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="78_schwa" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/78-schwa-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">I don&#8217;t like the look of this<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><br />Forrester was hired to <b style="mso-bidi-font-weight: normal">keep thieves away</b> and help sell off the fixtures. <br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">An empty home is a hugely vulnerable thing.<span style="mso-spacerun: yes">&nbsp; </span>Empty properties invite <a href="http://affordablehousinginstitute.org/blogs/us/2007/03/clandestine_occ.html">clandestine occupancy</a>, and readily become <a href="http://affordablehousinginstitute.org/blogs/us/2007/03/haitis_slums_th.html">houses of crime</a>.<span style="mso-spacerun: yes">&nbsp; </span>Whole neighborhoods can become crime magnets; indeed, whole slums, such as <st1:country-region w:st="on"><st1:place w:st="on">Haiti</st1:place></st1:country-region>&#8217;s Cite Soleil:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><img alt="Cite_soleil" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/cite-soleil-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 9pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 10.0pt; mso-bidi-font-family: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 9pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 10.0pt; mso-bidi-font-family: Arial">This story has no happy ending. As a failed state, <st1:country-region w:st="on"><st1:place w:st="on">Haiti</st1:place></st1:country-region> profits from clandestine occupancy on a grand scale:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 12.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 1in"><span style="FONT-SIZE: 9pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 10.0pt; mso-bidi-font-family: Arial">More and more narcotics have begun flowing through <st1:country-region w:st="on">Haiti</st1:country-region> to the <st1:country-region w:st="on"><st1:place w:st="on">United States</st1:place></st1:country-region>, law enforcement officials say.<span style="mso-spacerun: yes">&nbsp; </span>It is <st1:country-region w:st="on"><st1:place w:st="on">Haiti</st1:place></st1:country-region>&rsquo;s weakened state that is the big attraction to narcotics traffickers, officials say.</span><span style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 12.0pt"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 9pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 10.0pt; mso-bidi-font-family: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 9pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 10.0pt; mso-bidi-font-family: Arial">When protection can be bought, like any other commodity it creates a marketplace.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 12.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 1in"><span style="FONT-SIZE: 9pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 10.0pt; mso-bidi-font-family: Arial">In a recent report on <st1:country-region w:st="on"><st1:place w:st="on">Haiti</st1:place></st1:country-region>&rsquo;s woeful law enforcement apparatus, the <a href="http://www.crisisgroup.org/home/index.cfm">International Crisis Group</a>, a nonprofit group committed to preventing and resolving deadly conflicts, said that without urgent reform &ldquo;the current escalation of organized violence and criminality may come to threaten the state itself.&rdquo;</span><span style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 12.0pt"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 9pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 10.0pt; mso-bidi-font-family: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 9pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 10.0pt; mso-bidi-font-family: Arial">Has threatened the state. Has destroyed the state. <st1:country-region w:st="on">Haiti</st1:country-region> <a href="http://www.affordablehousinginstitute.org/blogs/us/2005/08/zimbabwe_stop_s.html">and its dreadful twin Zimbabwe</a> are grim reminders of the cost of allowing homes, blocks, neighborhoods, and even states to secede from humane society.</span><span style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 12.0pt"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 9pt; BACKGROUND: aqua; FONT-FAMILY: Verdana; mso-highlight: aqua; mso-bidi-font-size: 10.0pt; mso-bidi-font-family: Arial"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"></span>&nbsp;</p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"><img alt="Cite_soleil_jan_19" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/cite-soleil-jan-19-small.jpg" border="0" /></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial">If only asking could make it so</span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Mr. Forrester, as local agent in Victorville for the Texas bank, is there to prevent this from happening &ndash; and to oversee the dismantling of potentially valuable housing.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">&#8220;All my life I&#8217;ve been building things,&#8221; said the 59-year-old construction worker. &#8220;It&#8217;s kind of fun tearing them down.&#8221;<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Mr. Forrester is not alone:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><br />The Victorville demolition is one of the most dramatic ends to a bad bet made during the housing boom, but abandoned developments have become an all-too-common sight in <st1:state w:st="on"><st1:place w:st="on">California</st1:place></st1:state>. Nearly 250 residential developments totaling 9,389 homes have been halted across the state, according to one research firm.<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">As I posted in <i style="mso-bidi-font-style: normal"><a href="http://affordablehousinginstitute.org/blogs/us/2009/02/rug-what-rug.html">Rug? What Rug?</a>, </i>developers become upset when they are stopped from using other people&#8217;s money<i style="mso-bidi-font-style: normal"> </i>because they are allergic to putting in their own:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="Opm" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/opm-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">A developer&#8217;s handbook<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 1in"><span style="FONT-SIZE: 11pt; COLOR: #333399"><font face="Times New Roman">The builder had <strong>announced its intention</strong> to go out of business <strong>before the bank acted</strong>, blaming its financial straits on earlier steps taken by JPMorgan Chase and other banks.</font></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">&nbsp;</span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="0365_throwing_in_towel" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/0365-throwing-in-towel-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">We&rsquo;re throwing in the towel, have mercy<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">&nbsp;<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The <i style="mso-bidi-font-style: normal">New York <em><span style="FONT-FAMILY: Arial">Times</span></em></i> wrote a story headlined <em><span style="FONT-FAMILY: Arial">Banks <b style="mso-bidi-font-weight: normal">Foreclose</b> on <b style="mso-bidi-font-weight: normal"><span style="COLOR: #003300">Builders</span></b> With <b style="mso-bidi-font-weight: normal"><span style="COLOR: blue">Perfect Records</span></b></span></em>, except that:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">&nbsp;<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The bank cited <b style="mso-bidi-font-weight: normal">didn&rsquo;t foreclose</b> &ndash; it appointed a receiver.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The builder <b style="mso-bidi-font-weight: normal"><span style="COLOR: blue">didn&rsquo;t have a perfect record</span></b> &ndash; it was in default.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The <b style="mso-bidi-font-weight: normal"><span style="COLOR: #003300">builder wasn&rsquo;t put under</span></b> by the bank &ndash; it had decided to dissolve before the bank acted.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">&nbsp;<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"><o:p><img alt="Very_very_very_wrong" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/very-very-very-wrong-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">&nbsp;<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Under those circumstances, if <em><span style="FONT-FAMILY: Arial">you</span></em> were the bank, and <em><span style="FONT-FAMILY: Arial">your</span></em> money were hostage to unfinished houses being completed by a builder who&rsquo;s just announced they&rsquo;re throwing in the towel, would <em><span style="FONT-FAMILY: Arial">you</span></em> sit still?<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">&nbsp;<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"><o:p><img alt="Nyt_builder_home" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/nyt-builder-home-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><em><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">From the New York Times:</span></em><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">An unfinished house is the result of abruptly withdrawn bank financing in a development near <st1:place w:st="on"><st1:city w:st="on">Chandler</st1:city>, <st1:state w:st="on">Ariz.</st1:state></st1:place><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Whose failure prevented its finishing?&nbsp; The bank&rsquo;s or the builder&rsquo;s?<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The same walkaway &ndash; rational, you understand, and completely predictable &ndash; occurred by the Victorville developer because the arithmetic collapsed:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The developer of the Victorville project had hoped to sell the houses for more than $300,000 as they were being built last year, Forrester said. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">That&#8217;s the completed and sold cost.<span style="mso-spacerun: yes">&nbsp; </span>Project (say) $50,000 apiece in costs to renovate.<span style="mso-spacerun: yes">&nbsp; </span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">But reality quickly diverged from that vision. Home prices have tanked faster in <st1:placename w:st="on">San Bernardino</st1:placename> <st1:placetype w:st="on">County</st1:placetype> than any other <st1:place w:st="on">Southern California</st1:place> county during the downturn. In March, the median home sale price for the county was $160,000, down 43% in a year, according to the San Diego-based research firm MDA DataQuick.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Project (say) a 40% price drop, over $125,000 gone.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Project (say) $50,000 in fines to the cash-strapped town of <st1:city w:st="on"><st1:place w:st="on">Victorville</st1:place></st1:city> (all towns are cash-strapped).<span style="mso-spacerun: yes">&nbsp; </span>There goes your equity: poof!<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><img alt="Poof" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/poof-small.jpg" border="0" />&nbsp;<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Money all gone!<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Officials of Guaranty Bank of <st1:place w:st="on"><st1:city w:st="on">Austin</st1:city>, <st1:state w:st="on">Texas</st1:state></st1:place>, which took over the development last year, were unavailable for comment. <span style="mso-spacerun: yes">&nbsp;</span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">When you can&#8217;t say something nice, don&#8217;t say anything at all.<o:p></o:p></span></p>
<p><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">But Victorville city spokeswoman Yvonne Hester said the bank decided not to throw good money after bad.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">&#8220;It just didn&#8217;t pencil out for them,&#8221; she said. &#8220;They&#8217;d have to spend a lot of money to turn around and sell the houses. They just made a financial decision to just demolish them.&#8221;<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"></o:p></span><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="Crunch_group" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/crunch-group-small1.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Not penciling out?<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Curious how Ms. Hester forgets to mention the $1,000-per-day fines that she had the power to levy.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="Forgot_idiot" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/forgot-idiot-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">[Continued tomorrow in <a href="http://affordablehousinginstitute.org/blogs/us/2009/06/plowing-it-under-part-2-the-how.html">Part 2</a>.]</span></i></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt"><o:p></o:p></span></i>&nbsp;</p>
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<input type="hidden" name="postContent_0" value="&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;What to do with unproductive acreage?&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Plow it under &amp;ndash; turn the soil into fallow ground, put the nutrients back into the earth.&lt;?xml:namespace prefix =&quot;&quot; o /&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Plowing_under&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/plowing-under-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Better to mulch it before the scavengers take everything&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Among the many ways land is unique as an asset class is that its physical holding costs are zero &amp;ndash; it need not be maintained.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Every form of improved property requires some maintenance to prevent deterioration, so every form of improved property has an implicit caretaker (owner, tenant, management company) and an implicit revenue source (rents, mortgage payments).&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Land does not.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Land holds its value even as the tumbleweeds roll over.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Tumbleweeds_07&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/tumbleweeds-07-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;No maintenance costs&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Vacant improved property thus has negative holding value (and thus, potentially, &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2009/04/negative-equity-part-1-glebe-land.html&quot;&gt;negative equity&lt;/a&gt;); vacant land may not. &lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp;&lt;/span&gt;(All forms of land and property have a carrying cost of &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/category/real-estate-taxes&quot;&gt;real estate taxes&lt;/a&gt;, but that&amp;#8217;s usually a small number for unimproved property.)&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Thus, when you change the relative costs of holding vacant improved property, you can condemn it to death, as unwittingly illustrated in this little story from the &lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;a href=&quot;http://www.latimes.com/business/la-fi-demolish5-2009may05,0,4930126.story&quot;&gt;Los Angeles Times&lt;/a&gt;:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Housing crunch becomes literal in Victorville&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Crunch_group&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/crunch-group-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Crunching a pencil just won&amp;#8217;t do it&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;A bank cuts its losses on a failed 16-unit project by having the homes demolished.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;By Peter Y. Hong&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;May 5, 2009&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Curtis Forrester moved into a brand-new house in Victorville last week, but there was little time to enjoy the Jacuzzi and designer kitchen. He was there only to see it destroyed.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;/p&gt;
&lt;/p&gt;
&lt;p&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Like the human body, which is an entity comprised of organs, a house is an entity comprised of components.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Body_in_motion&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/body-in-motion-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;An entity, but also components&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;The Jacuzzi and designer kitchen will be surgically removed and carted off.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Kidney_transplant&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/kidney-transplant-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;One kidney, &lt;a href=&quot;http://www.umm.edu/news/releases/kidcost.htm&quot;&gt;worth about $15,000 as a transplant?&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Even with this salvage, value is being destroyed as you watch:&lt;span style=&quot;BACKGROUND: aqua; mso-highlight: aqua&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;br /&gt;Just a few days after his arrival, the two-story residence and three other luxurious model homes were crushed and hauled off for scrap, the latest fallout from &lt;?xml:namespace prefix =&quot;&quot; st1 /&gt;&lt;st1:place w:st=&quot;on&quot;&gt;Southern California&lt;/st1:place&gt;&amp;#8217;s real estate crash.&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;span style=&quot;BACKGROUND: aqua; mso-highlight: aqua&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Latimes_housing_ crunch_becomes_literal_in_victorville_wreckage_090505&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/latimes-housing-20crunch-becomes-literal-in-victorville-wreckage-090505-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Saluting a fallen comrade: the house goes under in Victorville&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;br /&gt;The homes were part of a planned 16-unit project in this community 100 miles north of &lt;st1:city w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;Los Angeles&lt;/st1:place&gt;&lt;/st1:city&gt;. The Texas bank that owns the failed development decided to demolish the houses, a cheaper alternative to completing and selling them.&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;The alternative described is incomplete.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;The Texas bank doing the foreclosing would actually have to do three things:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;1. Complete the property&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;2. &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;Hold and protect the property during the sales period&lt;/b&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;3. Sell it.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Holding the property has become more expensive thanks to the perverse consequences of a &lt;a href=&quot;http://www.articlesbase.com/real-estate-articles/california-enacts-new-law-affecting-properties-acquired-through-foreclosure-senate-bill-1137-484141.html&quot;&gt;recent anti-foreclosure California law&lt;/a&gt;, &lt;span style=&quot;COLOR: navy&quot;&gt;&lt;a href=&quot;http://www.unitedinvestors.com/CA_SenateBill_1137.php&quot;&gt;SB 1137&lt;/a&gt;:&lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:state w:st=&quot;on&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana&quot;&gt;California&lt;/span&gt;&lt;/st1:state&gt;&lt;/st1:place&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana&quot;&gt; today &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;[July 15, 2008 &amp;ndash; Ed.]&lt;/i&gt; enacted legislation &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;a href=&quot;http://www.unitedinvestors.com/CA_SenateBill_1137.php&quot;&gt;[SB 1137&lt;/a&gt; &amp;ndash; Ed.] &lt;/i&gt;aimed at minimizing the adverse effects of foreclosures on local communities.&amp;nbsp; The legislation increases the responsibilities of lenders owning property acquired through foreclosure.&amp;nbsp; &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana&quot;&gt;[Snip]&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;img alt=&quot;Snip_snip&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/snip-snip-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana&quot;&gt;[A]uthorizes government entities to assess fines of up to $1,000 per day per occurrence for failing to maintain property acquired through foreclosure.&lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana&quot;&gt;&amp;nbsp; Items subject to fine include:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana&quot;&gt;1. Permitting excessive foliage growth&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana&quot;&gt;2. Failing to take action to prevent trespassers or squatters from remaining on the property&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana&quot;&gt;3. Failure to take action to prevent mosquito larvae from growing in standing water&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Verdana&quot;&gt;4. Tolerating other conditions that create a public nuisance&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;With words like &amp;#8216;excessive&amp;#8217; and &amp;#8216;public nuisance,&amp;#8217; SB 1137 gives localities a self-renewing club with which to beat owners of foreclosed property &amp;ndash; that is, out-of-state banks &amp;ndash; over the head.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Hit_over_head_stitches&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/hit-over-head-stitches-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;What $1,000 per property per day can do to your balance sheet&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;At $1,000 &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;per day &lt;/i&gt;per property, it won&amp;#8217;t take long for the fines to exceed any conceivable net value from selling.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;In effect, SB 1137 signs many properties&amp;#8217; death warrant.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;78_schwa&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/78-schwa-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;I don&amp;#8217;t like the look of this&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;br /&gt;Forrester was hired to &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;keep thieves away&lt;/b&gt; and help sell off the fixtures. &lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;An empty home is a hugely vulnerable thing.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Empty properties invite &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2007/03/clandestine_occ.html&quot;&gt;clandestine occupancy&lt;/a&gt;, and readily become &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2007/03/haitis_slums_th.html&quot;&gt;houses of crime&lt;/a&gt;.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Whole neighborhoods can become crime magnets; indeed, whole slums, such as &lt;st1:country-region w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;Haiti&lt;/st1:place&gt;&lt;/st1:country-region&gt;&amp;#8217;s Cite Soleil:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;img alt=&quot;Cite_soleil&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/cite-soleil-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 9pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 10.0pt; mso-bidi-font-family: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 9pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 10.0pt; mso-bidi-font-family: Arial&quot;&gt;This story has no happy ending. As a failed state, &lt;st1:country-region w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;Haiti&lt;/st1:place&gt;&lt;/st1:country-region&gt; profits from clandestine occupancy on a grand scale:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 12.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 1in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 9pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 10.0pt; mso-bidi-font-family: Arial&quot;&gt;More and more narcotics have begun flowing through &lt;st1:country-region w:st=&quot;on&quot;&gt;Haiti&lt;/st1:country-region&gt; to the &lt;st1:country-region w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;United States&lt;/st1:place&gt;&lt;/st1:country-region&gt;, law enforcement officials say.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;It is &lt;st1:country-region w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;Haiti&lt;/st1:place&gt;&lt;/st1:country-region&gt;&amp;rsquo;s weakened state that is the big attraction to narcotics traffickers, officials say.&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 11pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 12.0pt&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 9pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 10.0pt; mso-bidi-font-family: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 9pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 10.0pt; mso-bidi-font-family: Arial&quot;&gt;When protection can be bought, like any other commodity it creates a marketplace.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 12.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 1in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 9pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 10.0pt; mso-bidi-font-family: Arial&quot;&gt;In a recent report on &lt;st1:country-region w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;Haiti&lt;/st1:place&gt;&lt;/st1:country-region&gt;&amp;rsquo;s woeful law enforcement apparatus, the &lt;a href=&quot;http://www.crisisgroup.org/home/index.cfm&quot;&gt;International Crisis Group&lt;/a&gt;, a nonprofit group committed to preventing and resolving deadly conflicts, said that without urgent reform &amp;ldquo;the current escalation of organized violence and criminality may come to threaten the state itself.&amp;rdquo;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 11pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 12.0pt&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 9pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 10.0pt; mso-bidi-font-family: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 9pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 10.0pt; mso-bidi-font-family: Arial&quot;&gt;Has threatened the state. Has destroyed the state. &lt;st1:country-region w:st=&quot;on&quot;&gt;Haiti&lt;/st1:country-region&gt; &lt;a href=&quot;http://www.affordablehousinginstitute.org/blogs/us/2005/08/zimbabwe_stop_s.html&quot;&gt;and its dreadful twin Zimbabwe&lt;/a&gt; are grim reminders of the cost of allowing homes, blocks, neighborhoods, and even states to secede from humane society.&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 11pt; FONT-FAMILY: Verdana; mso-bidi-font-size: 12.0pt&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 9pt; BACKGROUND: aqua; FONT-FAMILY: Verdana; mso-highlight: aqua; mso-bidi-font-size: 10.0pt; mso-bidi-font-family: Arial&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&amp;nbsp;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;img alt=&quot;Cite_soleil_jan_19&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/cite-soleil-jan-19-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial&quot;&gt;If only asking could make it so&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Mr. Forrester, as local agent in Victorville for the Texas bank, is there to prevent this from happening &amp;ndash; and to oversee the dismantling of potentially valuable housing.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&amp;#8220;All my life I&amp;#8217;ve been building things,&amp;#8221; said the 59-year-old construction worker. &amp;#8220;It&amp;#8217;s kind of fun tearing them down.&amp;#8221;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Mr. Forrester is not alone:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;br /&gt;The Victorville demolition is one of the most dramatic ends to a bad bet made during the housing boom, but abandoned developments have become an all-too-common sight in &lt;st1:state w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;California&lt;/st1:place&gt;&lt;/st1:state&gt;. Nearly 250 residential developments totaling 9,389 homes have been halted across the state, according to one research firm.&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;As I posted in &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2009/02/rug-what-rug.html&quot;&gt;Rug? What Rug?&lt;/a&gt;, &lt;/i&gt;developers become upset when they are stopped from using other people&amp;#8217;s money&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt; &lt;/i&gt;because they are allergic to putting in their own:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Opm&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/opm-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;A developer&amp;#8217;s handbook&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 1in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: #333399&quot;&gt;&lt;font face=&quot;Times New Roman&quot;&gt;The builder had &lt;strong&gt;announced its intention&lt;/strong&gt; to go out of business &lt;strong&gt;before the bank acted&lt;/strong&gt;, blaming its financial straits on earlier steps taken by JPMorgan Chase and other banks.&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;0365_throwing_in_towel&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/0365-throwing-in-towel-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;We&amp;rsquo;re throwing in the towel, have mercy&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&amp;nbsp;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;The &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;New York &lt;em&gt;&lt;span style=&quot;FONT-FAMILY: Arial&quot;&gt;Times&lt;/span&gt;&lt;/em&gt;&lt;/i&gt; wrote a story headlined &lt;em&gt;&lt;span style=&quot;FONT-FAMILY: Arial&quot;&gt;Banks &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;Foreclose&lt;/b&gt; on &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;COLOR: #003300&quot;&gt;Builders&lt;/span&gt;&lt;/b&gt; With &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;COLOR: blue&quot;&gt;Perfect Records&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/em&gt;, except that:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&amp;nbsp;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;The bank cited &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;didn&amp;rsquo;t foreclose&lt;/b&gt; &amp;ndash; it appointed a receiver.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;The builder &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;COLOR: blue&quot;&gt;didn&amp;rsquo;t have a perfect record&lt;/span&gt;&lt;/b&gt; &amp;ndash; it was in default.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;The &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;COLOR: #003300&quot;&gt;builder wasn&amp;rsquo;t put under&lt;/span&gt;&lt;/b&gt; by the bank &amp;ndash; it had decided to dissolve before the bank acted.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&amp;nbsp;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Very_very_very_wrong&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/very-very-very-wrong-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&amp;nbsp;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Under those circumstances, if &lt;em&gt;&lt;span style=&quot;FONT-FAMILY: Arial&quot;&gt;you&lt;/span&gt;&lt;/em&gt; were the bank, and &lt;em&gt;&lt;span style=&quot;FONT-FAMILY: Arial&quot;&gt;your&lt;/span&gt;&lt;/em&gt; money were hostage to unfinished houses being completed by a builder who&amp;rsquo;s just announced they&amp;rsquo;re throwing in the towel, would &lt;em&gt;&lt;span style=&quot;FONT-FAMILY: Arial&quot;&gt;you&lt;/span&gt;&lt;/em&gt; sit still?&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&amp;nbsp;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Nyt_builder_home&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/nyt-builder-home-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;em&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;From the New York Times:&lt;/span&gt;&lt;/em&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;An unfinished house is the result of abruptly withdrawn bank financing in a development near &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:city w:st=&quot;on&quot;&gt;Chandler&lt;/st1:city&gt;, &lt;st1:state w:st=&quot;on&quot;&gt;Ariz.&lt;/st1:state&gt;&lt;/st1:place&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Whose failure prevented its finishing?&amp;nbsp; The bank&amp;rsquo;s or the builder&amp;rsquo;s?&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;The same walkaway &amp;ndash; rational, you understand, and completely predictable &amp;ndash; occurred by the Victorville developer because the arithmetic collapsed:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;The developer of the Victorville project had hoped to sell the houses for more than $300,000 as they were being built last year, Forrester said. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;That&amp;#8217;s the completed and sold cost.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Project (say) $50,000 apiece in costs to renovate.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;But reality quickly diverged from that vision. Home prices have tanked faster in &lt;st1:placename w:st=&quot;on&quot;&gt;San Bernardino&lt;/st1:placename&gt; &lt;st1:placetype w:st=&quot;on&quot;&gt;County&lt;/st1:placetype&gt; than any other &lt;st1:place w:st=&quot;on&quot;&gt;Southern California&lt;/st1:place&gt; county during the downturn. In March, the median home sale price for the county was $160,000, down 43% in a year, according to the San Diego-based research firm MDA DataQuick.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Project (say) a 40% price drop, over $125,000 gone.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Project (say) $50,000 in fines to the cash-strapped town of &lt;st1:city w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;Victorville&lt;/st1:place&gt;&lt;/st1:city&gt; (all towns are cash-strapped).&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;There goes your equity: poof!&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;img alt=&quot;Poof&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/poof-small.jpg&quot; border=&quot;0&quot; /&gt;&amp;nbsp;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Money all gone!&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Officials of Guaranty Bank of &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:city w:st=&quot;on&quot;&gt;Austin&lt;/st1:city&gt;, &lt;st1:state w:st=&quot;on&quot;&gt;Texas&lt;/st1:state&gt;&lt;/st1:place&gt;, which took over the development last year, were unavailable for comment. &lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;When you can&amp;#8217;t say something nice, don&amp;#8217;t say anything at all.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;But Victorville city spokeswoman Yvonne Hester said the bank decided not to throw good money after bad.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&amp;#8220;It just didn&amp;#8217;t pencil out for them,&amp;#8221; she said. &amp;#8220;They&amp;#8217;d have to spend a lot of money to turn around and sell the houses. They just made a financial decision to just demolish them.&amp;#8221;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Crunch_group&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/crunch-group-small1.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Not penciling out?&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Curious how Ms. Hester forgets to mention the $1,000-per-day fines that she had the power to levy.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Forgot_idiot&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/forgot-idiot-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;[Continued tomorrow in &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2009/06/plowing-it-under-part-2-the-how.html&quot;&gt;Part 2&lt;/a&gt;.]&lt;/span&gt;&lt;/i&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&amp;nbsp;&lt;/p&gt;
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		<title>Shooting a white elephant: Part 3, the human shields</title>
		<link>http://affordablehousinginstitute.org/blogs/us/2009/05/shooting-a-white-elephant-part-3-the-human-shields.html</link>
		<comments>http://affordablehousinginstitute.org/blogs/us/2009/05/shooting-a-white-elephant-part-3-the-human-shields.html#comments</comments>
		<pubDate>Wed, 13 May 2009 13:02:12 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[California]]></category>
		<category><![CDATA[Configuration]]></category>
		<category><![CDATA[Historic]]></category>
		<category><![CDATA[Homeownership]]></category>
		<category><![CDATA[Local issues]]></category>
		<category><![CDATA[Steve Jobs]]></category>
		<category><![CDATA[Zoning and land use]]></category>

		<guid isPermaLink="false">http://affordablehousinginstitute.org/blogs/us/2009/05/shooting-a-white-elephant-part-3-the-human-shields.html</guid>
		<description><![CDATA[Continued from yesterday&#8217;s Part 2 and the previous Part 1.]
&#160;
For two posts now we&#8217;ve been following, via the Town Manager&#8217;s April 28, 2009 Report to Town Council (pdf) in Woodside, California, the eight-year saga of patient homeowner Steve Jobs, who is merely seeking to do what 99.9% of American would think an inalienable right, namely [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Continued from yesterday&#8217;s <a href="http://affordablehousinginstitute.org/blogs/us/2009/05/shooting-a-white-elephant-part-2-the-blunderbuss.html">Part 2</a> and the previous <a href="http://affordablehousinginstitute.org/blogs/us/2009/05/shooting-a-white-elephant-part-1-the-elephant.html">Part 1</a>.]<?xml:namespace prefix ="" o /><o:p></o:p></span></i></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">For two posts now we&#8217;ve been following, via the <a href="http://www.woodsidetown.org/PDF/JHEIR_SReport.pdf">Town Manager&#8217;s April 28, 2009 Report to Town Council</a> (pdf) in Woodside, California, the eight-year saga of patient homeowner Steve Jobs, who is merely seeking to do what 99.9% of American would think an inalienable right, namely to demolish his own house, a 1925 white elephant crumbling even as the zoning process grinds on:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Jackling_habner_1061" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesjackling-habner-1061-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Not located on Sunset Boulevard:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">The Jacking House, by Joanthan Habner<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">When last we left our hero, he&#8217;d been sent off to document, exhaustively, both the cost of building a new house and the cost of doing five other things. <span style="mso-spacerun: yes">&nbsp;</span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">1. Do nothing.<span style="mso-spacerun: yes">&nbsp; </span></span></b><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Leave the house untouched.<span style="mso-spacerun: yes">&nbsp; </span></span></i><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Without a trace of irony, the report observes<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">The EIR Addendum concludes that Alternative 1 would not meet the basic Project objectives of replacing the Residence with a smaller single-family home that <b style="mso-bidi-font-weight: normal">comports with the Town Code</b> &ndash; </span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">While it&#8217;s by no means the hinge point of this decision, it appears the current house is very much non-conforming, existing in its larger-than-permitted and un-earthquake-proofed state only because its construction antedated those changes.<span style="mso-spacerun: yes">&nbsp; </span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">&ndash; and contains a modern floor plan and amenities consistent with current standards and expectations.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">If the Jackling House burned down, you couldn&#8217;t rebuild it tomorrow, and if you did, you couldn&#8217;t live in it because of the earthquake risk. <span style="mso-spacerun: yes">&nbsp;</span>I tend to think Daniel Jackling would snort, &#8220;Case closed!&#8221;<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Daniel_jackling_statue" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesdaniel-jackling-statue-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Daniel Jackling, <?xml:namespace prefix ="" st1 /><st1:place w:st="on"><st1:state w:st="on">Utah</st1:state></st1:place> statue<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">&#8220;If it&#8217;s in the way, bulldoze it!&#8221;<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Unsurprisingly, if Mr. Jobs does nothing, the house will slowly fall down:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="House_of_usher" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imageshouse-of-usher-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Let me Usher this house out of existence<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">The EIR Addendum also finds that this alternative may not result in the protection of the historic Residence due to <b style="mso-bidi-font-weight: normal">the ongoing deterioration of the Residence</b> and the lack of assurances that the Residence would be restored and used if the Project is not approved. </span><span style="FONT-FAMILY: Arial"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Some people, not unreasonably, suspect and allege that Mr. Jobs has been deliberately not maintaining the house so as to change the facts on the ground &ndash; but as against that, if you know you want to tear down a house, why would you spend any money that (1) at best is lost and non-recoverable, or (2) at worst simply makes it <i style="mso-bidi-font-style: normal">harder </i>for you to achieve your objective?<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">2. Restore the existing house</span></b><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">.<span style="mso-spacerun: yes">&nbsp; </span><i style="mso-bidi-font-style: normal">Renovate back to habitability and a high standard</i>.<i style="mso-bidi-font-style: normal"><span style="mso-spacerun: yes">&nbsp; </span><o:p></o:p></i></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></i></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">Since this alternative would primarily alter the interior of the Residence and leave the exterior of the Residence intact, the EIR Addendum concludes that Alternative 2 would avoid the significant, unavoidable impact to the historic resource.</span><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p></o:p></span></i></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">This is what the Friends of the Jackling House would prefer, but it has two problems.<span style="mso-spacerun: yes">&nbsp; </span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><b style="mso-bidi-font-weight: normal"><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">A. Even if restored, Mr. Jobs does not want to live in that structure</span><o:p></o:p></i></b></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">However, the EIR Addendum goes on to state that it does not appear that this alternative would meet most of the basic Project objectives of replacing the Residence with a smaller home that contains a modern floor plan and amenities.</span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="Jackling_113" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesjackling-113-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Hallway with refrigerator<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">As <a href="http://affordablehousinginstitute.org/blogs/us/2006/04/the_evolving_mo.html">the modern American home continues to evolve</a>, some properties become functionally obsolescent to the point where their skeleton is inadequate to modern use.<span style="mso-spacerun: yes">&nbsp; </span>Some rooms are too big; others too small.<span style="mso-spacerun: yes">&nbsp; </span>Plumbing and wiring have to be completely ripped out and replaced.<span style="mso-spacerun: yes">&nbsp; </span>Insulation may be difficult, climate control impossible, energy efficiency a pipe dream.<span style="mso-spacerun: yes">&nbsp; </span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><b style="mso-bidi-font-weight: normal"><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">B. It will cost more than building a new house<o:p></o:p></span></i></b></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><o:p>&nbsp;</o:p></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">The EIR Addendum also suggests that the cost of this alternative (which could be comparable to the cost of Alternative 2A, which also involves interior renovation of the Residence) may make it economically infeasible since it could exceed the Project costs by approximately $5 million.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Some properties just need to <a href="http://affordablehousinginstitute.org/blogs/us/2007/09/going-somewhere-to-die.html">go somewhere to die</a>.<span style="mso-spacerun: yes">&nbsp; </span>Against that inevitable age, we will preserve those whose existence links so strongly to our history that money is no object &ndash; and when money is no object, then it must be government who pays, not the private owner.<span style="mso-spacerun: yes">&nbsp; </span><a href="http://affordablehousinginstitute.org/blogs/us/2005/11/8_simple_rules.html">That&#8217;s one thing eminent domain is for.</a><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"><o:p><img alt="Paul_revere_house" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagespaul-revere-house-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">If you Revere it, you must spare no expense<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">3. Restore it with an addition</span></b><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">.<span style="mso-spacerun: yes">&nbsp; </span>It is then proposed that Mr. Jobs build a new wing &ndash; a new house to which the current one is appended, almost like a clone or offshoot.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><o:p>&nbsp;</o:p></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">This restoration alternative [is] similar to Alternative 2, but with modifications to the existing Residence to create a more conventional floor plan, as well as <b style="mso-bidi-font-weight: normal">a major 16,000 square foot addition</b> to the Residence to include a new living area, office suite and fitness area. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">To save a 17,000 square foot house by building on the same site a new 16,000 square foot house seems carrying the preservation mission far into the domain of new development.<span style="mso-spacerun: yes">&nbsp; </span>Indeed, if it worked, imagine how many magnates would use that as a means of winkling an oversize house onto their white-elephant&#8217;s lot!<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Caine_welles" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagescaine-welles-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">I have a Hearst for expansion<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">The EIR Addendum concludes that this alternative would not avoid the significant, unavoidable impact to the historic Residence or meet most of the basic Project objectives. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">You mean, that Mr. Jobs might not want a 16,000 square foot addition?<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">The EIR Addendum also suggests that the estimated $20 million cost of this alternative (using the conservative Final EIR restoration cost of $4.9 million plus nearly $15 million for the 16,000 square foot addition based upon the per square foot estimate for the new home) may make it economically infeasible. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Translation: Next!<o:p></o:p></span></i></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">4. Restore it and move it elsewhere on-site</span></b><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">.<span style="mso-spacerun: yes">&nbsp; </span><i style="mso-bidi-font-style: normal">Shift it on the six acres and build new elsewhere</i>.<span style="mso-spacerun: yes">&nbsp; </span>This alternative to demolition hypothesizes that, like a <a href="http://affordablehousinginstitute.org/blogs/us/category/mobile-homes">multi-segmented mobile home</a>, the Jackling House could be trundled to a less conspicuous spot (and once transplanted, preserved against the elements), freeing up well-situated land for Mr. Jobs to build his new house.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Mr_blandings" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesmr-blandings-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Back then the challenge was <i style="mso-bidi-font-style: normal">building </i>it &hellip;<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">The EIR Addendum concludes that this alternative would avoid the significant adverse impact to the historic Residence, and may, depending on its specific characteristics, meet most of the basic Project objectives. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">If possible, this would be pleasing, but then there&#8217;s that problem: the white elephant has to squat somewhere, and the land is finite:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">However, the EIR Addendum concludes that this alternative may be infeasible for legal and/or economic reasons because it:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">[Legal] Would exceed the maximum amount of development allowed on the Property per the Town Code<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">[Economic] and is estimated to cost between $14.8 million (using the conservative estimated Final EIR restoration cost of $6.6 million plus the estimated $8.2 million Project cost) and $21.5 million (using the applicant&rsquo;s estimated $13.3 million restoration cost). <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><o:p>&nbsp;</o:p></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">In short, there&#8217;s just not enough room on-site. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"><o:p><img alt="Squeezing_too_tight" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagessqueezing-too-tight-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Too tight a squeeze?<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">5. Move the house and reassemble it somewhere else</span></b><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">.<span style="mso-spacerun: yes">&nbsp; </span>For many of us, this would be by far the happiest outcome.<span style="mso-spacerun: yes">&nbsp; </span>Homes do get relocated and live happy lives once they have moved.<span style="mso-spacerun: yes">&nbsp; </span>[I find it hugely ironic that Suzette Kelo's pink house, which was the subject of the landmark Supreme Court decision <i style="mso-bidi-font-style: normal"><a href="http://affordablehousinginstitute.org/blogs/us/2005/06/supremes_vote_5.html">Kelo v. New London</a> </i>on <a href="http://affordablehousinginstitute.org/blogs/us/2005/03/eminent_domain_4.html">eminent domain taking</a>, <a href="http://affordablehousinginstitute.org/blogs/us/2006/07/kelo_and_eminen.html">was itself moved into the site</a> of so much contention.]<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Readers have already seen, in <a href="http://affordablehousinginstitute.org/blogs/us/2008/07/hermit-crab-housing-part-1-how-and-why-physical.html">Hermit Crab Housing</a>, that when a more modest and economically obsolescent existing structure can be relocated, it saves costs, creates valuable new affordable housing, and is much greener than demolition and landfill.<span style="mso-spacerun: yes">&nbsp; </span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">The EIR Addendum concurs with the Final EIR that the analysis of this alternative is &ldquo;highly speculative&rdquo; and depends on factors such as <b style="mso-bidi-font-weight: normal">the feasibility of moving the Residence</b> &ndash; </span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">What usually moves, however, are <i style="mso-bidi-font-style: normal">small </i>houses, not an elephant train like this one:<o:p></o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><br /></span><span style="FONT-SIZE: 11pt; COLOR: maroon">&ndash; which would have to be accomplished in pieces, down a narrow driveway and onto a sloping road with overarching trees and utility lines. <o:p></o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; BACKGROUND: yellow; COLOR: maroon; mso-highlight: yellow"><o:p></o:p></span>&nbsp;</p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">That kind of dismantling and reassembly is normally reserved for Greek or Egyptian temples (as at Philae or <st1:place w:st="on">Abu Simbel</st1:place>), not for Spanish Colonial Revival style homes.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Abu_simbel" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesabu-simbel-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Nice face lift<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Oh by the way, there&#8217;s another problem &ndash; nowhere to go:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">Assuming that it is physically possible to relocate the Residence and that a suitable off-site location could be found (no such site has been identified despite the applicant&rsquo;s marketing efforts), <o:p></o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Talk about a killer parenthetical!<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Killer_tomato" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imageskiller-tomato-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><st1:personname w:st="on"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Atta</span></st1:personname><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">ck of the killer parentheticals!<o:p></o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in"><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 11pt; COLOR: maroon">[Hence, if pigs could fly&hellip; <span style="mso-spacerun: yes">&nbsp;</span>&ndash; Ed.] </span></i><span style="FONT-SIZE: 11pt; COLOR: maroon">the Project could avoid the significant, unavoidable impact to the historic Residence and achieve the basic Project objectives. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The Town Council staff thus prepared a handy chart comparing the alternatives, which in the interests of clarity I&#8217;ve reformatted (without changing any of the Yes/ No/ Maybe conclusions):<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="White_elephant_alternatives_table" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imageswhite-elephant-alternatives-table-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 11pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">After this exhaustive exercise in proving the blindingly obvious, the EIR found that things physically feasible cost lots more money, and things that didn&#8217;t cost more money neither built a new house nor stopped the current house from crumbling.<span style="mso-spacerun: yes">&nbsp; </span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Ladies and gentlemen of the electronic Town Council, you have now heard the staff&#8217;s report.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">How would you vote?<o:p></o:p></span></b></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Remember, then Friends of the Jackling House will be watching:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: navy; FONT-FAMILY: Garamond; mso-bidi-font-size: 12.0pt">On May 12, 2009, the Woodside Town Council may vote to wiggle around a string of Court rulings AGAINST granting demolition of this historic mansion. There is still no adequate evidence to grant demolition.<br style="mso-special-character: line-break"><br style="mso-special-character: line-break"></span><span style="FONT-SIZE: 11pt"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Before you vote, let me add the <i style="mso-bidi-font-style: normal">most</i> ironic part:<o:p></o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">It is important to point out that in acting on this application, the Town Council&rsquo;s authority is limited. The Council may approve or deny the demolition permit. The Council does not have authority to direct that one of the restoration alternatives described below be implemented.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Because directing such an action would be equivalent to a taking, and that would <a href="http://affordablehousinginstitute.org/blogs/us/2008/06/buying-the-farm.html">cost the town a lot of money</a>.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">I wonder, did Mr. Jobs realize that if he submitted plans for a <i style="mso-bidi-font-style: normal">big</i> new house, such a projection might cost a high enough figure that it would make salvaging the Jackling house economically feasible?<span style="mso-spacerun: yes">&nbsp; </span>Might he have gamed the new-house price down?<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: navy; FONT-FAMILY: Garamond; mso-bidi-font-size: 12.0pt">Council members asked why cost estimates for renovation of the Jackling House appeared so high, while projected costs for a proposed new house for Mr. Jobs appeared preposterously low. <span style="mso-spacerun: yes">&nbsp;</span><i style="mso-bidi-font-style: normal">Will there really be very low-grade surfaces in the new master bathroom?</i> many wondered in disbelief. <br style="mso-special-character: line-break"><br style="mso-special-character: line-break"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Steve_jobs_1980s" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagessteve-jobs-1980s-small1.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Now you see it &hellip;<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Remember, the demolition approval has <i style="mso-bidi-font-style: normal">nothing to do </i>with the application for a new house.<span style="mso-spacerun: yes">&nbsp; </span>Mr. Jobs could then change his mind.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 11pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Steve_jobs_1980s_gone" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagessteve-jobs-1980s-gone-small1.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">&hellip; Now you don&#8217;t<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 11pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 9pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">It&#8217;s my mansion and will die if I want it to<o:p></o:p></span></i></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 9pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Die if I want it to.<o:p></o:p></span></i></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 9pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Die if I want it to.<o:p></o:p></span></i></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Blandings_end" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesblandings-end-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">The end?</span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt"><o:p></o:p></span>&nbsp;</p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt"><o:p></o:p></span>&nbsp;</p>
<p><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt"><o:p></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">UPDATE: <a href="http://www.mercurynews.com/breakingnews/ci_12357765">The council voted Yes</a>:<?xml:namespace prefix ="" o ns ="" "urn:schemas-microsoft-com:office:office" /><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: Verdana; mso-bidi-font-size: 11.0pt">Woodside council votes to let Steve Jobs move forward with demolition of historic mansion<o:p></o:p></span></b></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: Verdana; mso-bidi-font-size: 11.0pt">By Jessica Bernstein-Wax<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: Verdana; mso-bidi-font-size: 11.0pt">Daily News Staff Writer<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: Verdana; mso-bidi-font-size: 11.0pt">Posted: 05/13/2009 12:21:41 AM PDT<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: Verdana; mso-bidi-font-size: 11.0pt">Updated: 05/13/2009 12:21:45 AM PDT<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: Verdana; mso-bidi-font-size: 11.0pt"><br />The Woodside Town Council on Tuesday voted to let Apple CEO Steve Jobs move forward with plans to demolish his historic 14-bedroom house in the Woodside hills.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: Verdana; mso-bidi-font-size: 11.0pt">In a 6-1 vote, with Mayor Peter Mason opposing, council members instructed town staff to update an environmental impact report and draft a demolition permit, which would enable Jobs to knock down the 17,250-square-foot Spanish revival mansion known as the Jackling House and build a much smaller home on the property. Those items will return to the council at its regular meeting June 9.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: Verdana; mso-bidi-font-size: 11.0pt">&#8220;I love old Spanish revival homes &mdash; I have a couple of them myself, and I&#8217;ve restored them,&#8221; Council Member Dave Tanner said at the meeting. &#8220;I can tell you it&#8217;s a thing of love.<SPAN style="mso-spacerun: yes">&nbsp; </SPAN>I didn&#8217;t see any reason to try to restore or maintain this house,&#8221; he said of the Jackling House.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Given time, I will post more on this saga, as there are some interesting/ entertaining side notes about local land use, the futility doctrine (remedies need not be pursued if they are futile), and how the comment process can be used.</span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"></o:p></span>&nbsp;</p>
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<input type="hidden" name="postContent_0" value="&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Continued from yesterday&amp;#8217;s &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2009/05/shooting-a-white-elephant-part-2-the-blunderbuss.html&quot;&gt;Part 2&lt;/a&gt; and the previous &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2009/05/shooting-a-white-elephant-part-1-the-elephant.html&quot;&gt;Part 1&lt;/a&gt;.]&lt;?xml:namespace prefix =&quot;&quot; o /&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;For two posts now we&amp;#8217;ve been following, via the &lt;a href=&quot;http://www.woodsidetown.org/PDF/JHEIR_SReport.pdf&quot;&gt;Town Manager&amp;#8217;s April 28, 2009 Report to Town Council&lt;/a&gt; (pdf) in Woodside, California, the eight-year saga of patient homeowner Steve Jobs, who is merely seeking to do what 99.9% of American would think an inalienable right, namely to demolish his own house, a 1925 white elephant crumbling even as the zoning process grinds on:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Jackling_habner_1061&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesjackling-habner-1061-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Not located on Sunset Boulevard:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;The Jacking House, by Joanthan Habner&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;When last we left our hero, he&amp;#8217;d been sent off to document, exhaustively, both the cost of building a new house and the cost of doing five other things. &lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;1. Do nothing.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Leave the house untouched.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Without a trace of irony, the report observes&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;The EIR Addendum concludes that Alternative 1 would not meet the basic Project objectives of replacing the Residence with a smaller single-family home that &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;comports with the Town Code&lt;/b&gt; &amp;ndash; &lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;While it&amp;#8217;s by no means the hinge point of this decision, it appears the current house is very much non-conforming, existing in its larger-than-permitted and un-earthquake-proofed state only because its construction antedated those changes.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&amp;ndash; and contains a modern floor plan and amenities consistent with current standards and expectations.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;If the Jackling House burned down, you couldn&amp;#8217;t rebuild it tomorrow, and if you did, you couldn&amp;#8217;t live in it because of the earthquake risk. &lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp;&lt;/span&gt;I tend to think Daniel Jackling would snort, &amp;#8220;Case closed!&amp;#8221;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Daniel_jackling_statue&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesdaniel-jackling-statue-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Daniel Jackling, &lt;?xml:namespace prefix =&quot;&quot; st1 /&gt;&lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:state w:st=&quot;on&quot;&gt;Utah&lt;/st1:state&gt;&lt;/st1:place&gt; statue&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;&amp;#8220;If it&amp;#8217;s in the way, bulldoze it!&amp;#8221;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Unsurprisingly, if Mr. Jobs does nothing, the house will slowly fall down:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;House_of_usher&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imageshouse-of-usher-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Let me Usher this house out of existence&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;The EIR Addendum also finds that this alternative may not result in the protection of the historic Residence due to &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;the ongoing deterioration of the Residence&lt;/b&gt; and the lack of assurances that the Residence would be restored and used if the Project is not approved. &lt;/span&gt;&lt;span style=&quot;FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Some people, not unreasonably, suspect and allege that Mr. Jobs has been deliberately not maintaining the house so as to change the facts on the ground &amp;ndash; but as against that, if you know you want to tear down a house, why would you spend any money that (1) at best is lost and non-recoverable, or (2) at worst simply makes it &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;harder &lt;/i&gt;for you to achieve your objective?&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;2. Restore the existing house&lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;Renovate back to habitability and a high standard&lt;/i&gt;.&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;Since this alternative would primarily alter the interior of the Residence and leave the exterior of the Residence intact, the EIR Addendum concludes that Alternative 2 would avoid the significant, unavoidable impact to the historic resource.&lt;/span&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;This is what the Friends of the Jackling House would prefer, but it has two problems.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;A. Even if restored, Mr. Jobs does not want to live in that structure&lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;However, the EIR Addendum goes on to state that it does not appear that this alternative would meet most of the basic Project objectives of replacing the Residence with a smaller home that contains a modern floor plan and amenities.&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Jackling_113&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesjackling-113-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Hallway with refrigerator&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;As &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2006/04/the_evolving_mo.html&quot;&gt;the modern American home continues to evolve&lt;/a&gt;, some properties become functionally obsolescent to the point where their skeleton is inadequate to modern use.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Some rooms are too big; others too small.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Plumbing and wiring have to be completely ripped out and replaced.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Insulation may be difficult, climate control impossible, energy efficiency a pipe dream.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;B. It will cost more than building a new house&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;The EIR Addendum also suggests that the cost of this alternative (which could be comparable to the cost of Alternative 2A, which also involves interior renovation of the Residence) may make it economically infeasible since it could exceed the Project costs by approximately $5 million.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Some properties just need to &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2007/09/going-somewhere-to-die.html&quot;&gt;go somewhere to die&lt;/a&gt;.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Against that inevitable age, we will preserve those whose existence links so strongly to our history that money is no object &amp;ndash; and when money is no object, then it must be government who pays, not the private owner.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2005/11/8_simple_rules.html&quot;&gt;That&amp;#8217;s one thing eminent domain is for.&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Paul_revere_house&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagespaul-revere-house-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;If you Revere it, you must spare no expense&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;3. Restore it with an addition&lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;It is then proposed that Mr. Jobs build a new wing &amp;ndash; a new house to which the current one is appended, almost like a clone or offshoot.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;This restoration alternative [is] similar to Alternative 2, but with modifications to the existing Residence to create a more conventional floor plan, as well as &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;a major 16,000 square foot addition&lt;/b&gt; to the Residence to include a new living area, office suite and fitness area. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;To save a 17,000 square foot house by building on the same site a new 16,000 square foot house seems carrying the preservation mission far into the domain of new development.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Indeed, if it worked, imagine how many magnates would use that as a means of winkling an oversize house onto their white-elephant&amp;#8217;s lot!&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Caine_welles&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagescaine-welles-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;I have a Hearst for expansion&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;The EIR Addendum concludes that this alternative would not avoid the significant, unavoidable impact to the historic Residence or meet most of the basic Project objectives. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;You mean, that Mr. Jobs might not want a 16,000 square foot addition?&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;The EIR Addendum also suggests that the estimated $20 million cost of this alternative (using the conservative Final EIR restoration cost of $4.9 million plus nearly $15 million for the 16,000 square foot addition based upon the per square foot estimate for the new home) may make it economically infeasible. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Translation: Next!&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;4. Restore it and move it elsewhere on-site&lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;Shift it on the six acres and build new elsewhere&lt;/i&gt;.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;This alternative to demolition hypothesizes that, like a &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/category/mobile-homes&quot;&gt;multi-segmented mobile home&lt;/a&gt;, the Jackling House could be trundled to a less conspicuous spot (and once transplanted, preserved against the elements), freeing up well-situated land for Mr. Jobs to build his new house.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Mr_blandings&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesmr-blandings-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Back then the challenge was &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;building &lt;/i&gt;it &amp;hellip;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;The EIR Addendum concludes that this alternative would avoid the significant adverse impact to the historic Residence, and may, depending on its specific characteristics, meet most of the basic Project objectives. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;If possible, this would be pleasing, but then there&amp;#8217;s that problem: the white elephant has to squat somewhere, and the land is finite:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;However, the EIR Addendum concludes that this alternative may be infeasible for legal and/or economic reasons because it:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;[Legal] Would exceed the maximum amount of development allowed on the Property per the Town Code&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;[Economic] and is estimated to cost between $14.8 million (using the conservative estimated Final EIR restoration cost of $6.6 million plus the estimated $8.2 million Project cost) and $21.5 million (using the applicant&amp;rsquo;s estimated $13.3 million restoration cost). &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;In short, there&amp;#8217;s just not enough room on-site. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Squeezing_too_tight&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagessqueezing-too-tight-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Too tight a squeeze?&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;5. Move the house and reassemble it somewhere else&lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;For many of us, this would be by far the happiest outcome.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Homes do get relocated and live happy lives once they have moved.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;[I find it hugely ironic that Suzette Kelo's pink house, which was the subject of the landmark Supreme Court decision &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2005/06/supremes_vote_5.html&quot;&gt;Kelo v. New London&lt;/a&gt; &lt;/i&gt;on &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2005/03/eminent_domain_4.html&quot;&gt;eminent domain taking&lt;/a&gt;, &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2006/07/kelo_and_eminen.html&quot;&gt;was itself moved into the site&lt;/a&gt; of so much contention.]&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Readers have already seen, in &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2008/07/hermit-crab-housing-part-1-how-and-why-physical.html&quot;&gt;Hermit Crab Housing&lt;/a&gt;, that when a more modest and economically obsolescent existing structure can be relocated, it saves costs, creates valuable new affordable housing, and is much greener than demolition and landfill.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;The EIR Addendum concurs with the Final EIR that the analysis of this alternative is &amp;ldquo;highly speculative&amp;rdquo; and depends on factors such as &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;the feasibility of moving the Residence&lt;/b&gt; &amp;ndash; &lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;What usually moves, however, are &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;small &lt;/i&gt;houses, not an elephant train like this one:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;br /&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&amp;ndash; which would have to be accomplished in pieces, down a narrow driveway and onto a sloping road with overarching trees and utility lines. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; BACKGROUND: yellow; COLOR: maroon; mso-highlight: yellow&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&amp;nbsp;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;That kind of dismantling and reassembly is normally reserved for Greek or Egyptian temples (as at Philae or &lt;st1:place w:st=&quot;on&quot;&gt;Abu Simbel&lt;/st1:place&gt;), not for Spanish Colonial Revival style homes.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Abu_simbel&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesabu-simbel-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Nice face lift&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Oh by the way, there&amp;#8217;s another problem &amp;ndash; nowhere to go:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;Assuming that it is physically possible to relocate the Residence and that a suitable off-site location could be found (no such site has been identified despite the applicant&amp;rsquo;s marketing efforts), &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Talk about a killer parenthetical!&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Killer_tomato&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imageskiller-tomato-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;st1:personname w:st=&quot;on&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Atta&lt;/span&gt;&lt;/st1:personname&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;ck of the killer parentheticals!&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;[Hence, if pigs could fly&amp;hellip; &lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp;&lt;/span&gt;&amp;ndash; Ed.] &lt;/span&gt;&lt;/i&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;the Project could avoid the significant, unavoidable impact to the historic Residence and achieve the basic Project objectives. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;The Town Council staff thus prepared a handy chart comparing the alternatives, which in the interests of clarity I&amp;#8217;ve reformatted (without changing any of the Yes/ No/ Maybe conclusions):&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;White_elephant_alternatives_table&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imageswhite-elephant-alternatives-table-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;After this exhaustive exercise in proving the blindingly obvious, the EIR found that things physically feasible cost lots more money, and things that didn&amp;#8217;t cost more money neither built a new house nor stopped the current house from crumbling.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Ladies and gentlemen of the electronic Town Council, you have now heard the staff&amp;#8217;s report.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt; TEXT-ALIGN: center&quot; align=&quot;center&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;How would you vote?&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Remember, then Friends of the Jackling House will be watching:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: navy; FONT-FAMILY: Garamond; mso-bidi-font-size: 12.0pt&quot;&gt;On May 12, 2009, the Woodside Town Council may vote to wiggle around a string of Court rulings AGAINST granting demolition of this historic mansion. There is still no adequate evidence to grant demolition.&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 11pt&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Before you vote, let me add the &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;most&lt;/i&gt; ironic part:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;It is important to point out that in acting on this application, the Town Council&amp;rsquo;s authority is limited. The Council may approve or deny the demolition permit. The Council does not have authority to direct that one of the restoration alternatives described below be implemented.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Because directing such an action would be equivalent to a taking, and that would &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2008/06/buying-the-farm.html&quot;&gt;cost the town a lot of money&lt;/a&gt;.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;I wonder, did Mr. Jobs realize that if he submitted plans for a &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;big&lt;/i&gt; new house, such a projection might cost a high enough figure that it would make salvaging the Jackling house economically feasible?&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Might he have gamed the new-house price down?&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: navy; FONT-FAMILY: Garamond; mso-bidi-font-size: 12.0pt&quot;&gt;Council members asked why cost estimates for renovation of the Jackling House appeared so high, while projected costs for a proposed new house for Mr. Jobs appeared preposterously low. &lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;Will there really be very low-grade surfaces in the new master bathroom?&lt;/i&gt; many wondered in disbelief. &lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;br style=&quot;mso-special-character: line-break&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Steve_jobs_1980s&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagessteve-jobs-1980s-small1.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Now you see it &amp;hellip;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Remember, the demolition approval has &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;nothing to do &lt;/i&gt;with the application for a new house.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Mr. Jobs could then change his mind.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Steve_jobs_1980s_gone&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagessteve-jobs-1980s-gone-small1.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;&amp;hellip; Now you don&amp;#8217;t&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 9pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;It&amp;#8217;s my mansion and will die if I want it to&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 9pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Die if I want it to.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 9pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Die if I want it to.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Blandings_end&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesblandings-end-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;The end?&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&amp;nbsp;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;&lt;o:p&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;UPDATE: &lt;a href=&quot;http://www.mercurynews.com/breakingnews/ci_12357765&quot;&gt;The council voted Yes&lt;/a&gt;:&lt;?xml:namespace prefix =&quot;&quot; o ns =&quot;&quot; &quot;urn:schemas-microsoft-com:office:office&quot; /&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: Verdana; mso-bidi-font-size: 11.0pt&quot;&gt;Woodside council votes to let Steve Jobs move forward with demolition of historic mansion&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: Verdana; mso-bidi-font-size: 11.0pt&quot;&gt;By Jessica Bernstein-Wax&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: Verdana; mso-bidi-font-size: 11.0pt&quot;&gt;Daily News Staff Writer&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: Verdana; mso-bidi-font-size: 11.0pt&quot;&gt;Posted: 05/13/2009 12:21:41 AM PDT&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: Verdana; mso-bidi-font-size: 11.0pt&quot;&gt;Updated: 05/13/2009 12:21:45 AM PDT&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: Verdana; mso-bidi-font-size: 11.0pt&quot;&gt;&lt;br /&gt;The Woodside Town Council on Tuesday voted to let Apple CEO Steve Jobs move forward with plans to demolish his historic 14-bedroom house in the Woodside hills.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: Verdana; mso-bidi-font-size: 11.0pt&quot;&gt;In a 6-1 vote, with Mayor Peter Mason opposing, council members instructed town staff to update an environmental impact report and draft a demolition permit, which would enable Jobs to knock down the 17,250-square-foot Spanish revival mansion known as the Jackling House and build a much smaller home on the property. Those items will return to the council at its regular meeting June 9.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: Verdana; mso-bidi-font-size: 11.0pt&quot;&gt;&amp;#8220;I love old Spanish revival homes &amp;mdash; I have a couple of them myself, and I&amp;#8217;ve restored them,&amp;#8221; Council Member Dave Tanner said at the meeting. &amp;#8220;I can tell you it&amp;#8217;s a thing of love.&lt;SPAN style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/SPAN&gt;I didn&amp;#8217;t see any reason to try to restore or maintain this house,&amp;#8221; he said of the Jackling House.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: maroon; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Given time, I will post more on this saga, as there are some interesting/ entertaining side notes about local land use, the futility doctrine (remedies need not be pursued if they are futile), and how the comment process can be used.&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;/o:p&gt;&lt;/span&gt;&amp;nbsp;&lt;/p&gt;
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		<title>Shooting a white elephant: Part 2, the blunderbuss</title>
		<link>http://affordablehousinginstitute.org/blogs/us/2009/05/shooting-a-white-elephant-part-2-the-blunderbuss.html</link>
		<comments>http://affordablehousinginstitute.org/blogs/us/2009/05/shooting-a-white-elephant-part-2-the-blunderbuss.html#comments</comments>
		<pubDate>Tue, 12 May 2009 14:39:27 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[California]]></category>
		<category><![CDATA[Configuration]]></category>
		<category><![CDATA[Historic]]></category>
		<category><![CDATA[Homeownership]]></category>
		<category><![CDATA[Local issues]]></category>
		<category><![CDATA[Steve Jobs]]></category>
		<category><![CDATA[Zoning and land use]]></category>

		<guid isPermaLink="false">http://affordablehousinginstitute.org/blogs/us/2009/05/shooting-a-white-elephant-part-2-the-blunderbuss.html</guid>
		<description><![CDATA[[Continued from yesterday's Part 1.]
&#160;
In yesterday&#8217;s post, via the Town Manager&#8217;s April 28, 2009 Report to Town Council (pdf) in Woodside, California, we met patient homeowner Steve Jobs, who has for eight years been seeking to demolish a property he owns and plainly regards as a white elephant, a rambling 17,000-square foot Spanish Colonial Revival [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">[Continued from yesterday's <a href="http://affordablehousinginstitute.org/blogs/us/2009/05/shooting-a-white-elephant-part-1-the-elephant.html">Part 1</a>.]<?xml:namespace prefix ="" o /><o:p></o:p></span></i></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">In yesterday&#8217;s post, via the <a href="http://www.woodsidetown.org/PDF/JHEIR_SReport.pdf">Town Manager&#8217;s April 28, 2009 Report to Town Council</a> (pdf) in Woodside, California, we met patient homeowner Steve Jobs, who has for eight years been seeking to demolish a property he owns and plainly regards as a white elephant, a rambling 17,000-square foot Spanish Colonial Revival built in 1925 and now falling to pieces:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Jackling_104" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesjackling-104-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">As quoted in a <a href="http://apple20.blogs.fortune.cnn.com/2009/04/27/inside-steve-jobs-tear-down-mansion/">Fortune online article</a>:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><o:p>&nbsp;</o:p></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in">Apple&rsquo;s CEO bought the 30-room hacienda in 1984, the year the Mac was released, and camped out there for the better part of a decade before moving to <?xml:namespace prefix ="" st1 /><st1:city w:st="on"><st1:place w:st="on">Palo Alto</st1:place></st1:city>.</p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><o:p>&nbsp;</o:p></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Steve_jobs_1982" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagessteve-jobs-1982-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Before the Jackling house: Jobs camping out in an apartment, 1982<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><o:p>&nbsp;</o:p></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in">He found the sprawling mansion a cold and dreary place to live. He has <a href="http://www.appleinsider.com/articles/04/10/05/steve_jobs_to_give_away_historic_mansion.html" target="new">called it</a> &ldquo;one of the biggest abominations of a house I&rsquo;ve ever seen&rdquo; and says it will cost more to restore than to replace. At one point he offered to give it to anyone willing to pay to have it moved.</p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Jackling_103" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesjackling-103-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Cue the <i style="mso-bidi-font-style: normal">Phantom of the Opera</i> music!<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Roughly five years ago, Mr. Jobs probably thought he was done with the judicial review:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">The Final Environmental Impact Report (EIR) concluded that demolition of the Residence would have significantly impacted an historic resource. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Once one finds the house historic, it&#8217;s hard to claim no impact when you tear it down </span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Wingdings; mso-ascii-font-family: Arial; mso-hansi-font-family: Arial; mso-bidi-font-family: Arial; mso-char-type: symbol; mso-symbol-font-family: Wingdings"><span style="mso-char-type: symbol; mso-symbol-font-family: Wingdings">J</span></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Duh_einstein" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesduh-einstein-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Thus it is demonstrated<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">So was Mr. Jobs compelled to care and nurture his <a href="http://affordablehousinginstitute.org/blogs/us/2005/07/struldbrug_buil.html">struldbrug</a>, to prop up its immortality through artificial house-support?<span style="mso-spacerun: yes">&nbsp; </span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Death_becomes_her_02" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesdeath-becomes-her-02-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">What do you <i style="mso-bidi-font-style: normal">mean</i> you can see I&#8217;ve had work done?<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">No.<span style="mso-spacerun: yes">&nbsp; </span>He could tear it down if he took some affordable measures to preserve the past:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">The Final EIR included mitigation measures requiring the applicant:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">[1] to develop historical and photographic documentation of the structure and<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">[2] to employ a qualified salvage company to remove and store features of the home identified as significant by an architectural historian. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Both are reasonable &ndash; the kind of thing that represents a modest imposition on the owner.<span style="mso-spacerun: yes">&nbsp; </span>Sure, it&#8217;ll cost a few bucks, but not a lot.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Jackling_112" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesjackling-112-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">The master kitchen: oversize and under0maintained<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Nevertheless, snapping pictures and boxing faucets would not be equivalent to preserving the house:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">The Final EIR nonetheless concluded that these measures would not have reduced the impact of demolition of the Residence to a less than significant level. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The EIR had to look at alternatives, one by one, to see if they might work:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">The Final EIR also examined five alternatives to the Project, focusing primarily on restoring and modifying the Residence to varying degrees in an attempt to avoid the significant impact of demolishing the Residence while still accomplishing most of <b style="mso-bidi-font-weight: normal">the basic Project objectives </b>associated with constructing a new single-family home. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><st1:city w:st="on"><st1:place w:st="on"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Reading</span></st1:place></st1:city><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"> between the lines, the EIR&#8217;s feasibility determination was constrained in two ways:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">Feasible is defined by CEQA as &ldquo;capable of being accomplished in a successful manner within a reasonable period of time, taking into account economic, environmental, legal, social and technological factors.&rdquo; CEQA Guidelines Section 15364.</span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">1. An as-new home.<span style="mso-spacerun: yes">&nbsp; </span></span></b><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Mr. Jobs is evidently entitled to have a new or as-new home on his property.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">2. No &#8216;material&#8217; increase in costs</span></b><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">.<span style="mso-spacerun: yes">&nbsp; </span>Mr. Jobs&#8217; cost for the as-new home may not cost &#8216;much more&#8217; (our phrase) that what he was planning to build(*).<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="Hands_tied" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imageshands-tied-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">For all you know, I tied these knots myself<o:p></o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">The EIR Addendum also suggests that the cost of this alternative (which could be comparable to the cost of Alternative 2A, which also involves interior renovation of the Residence) may make it <b style="mso-bidi-font-weight: normal">economically infeasible since</b> it could exceed the Project costs by approximately <b style="mso-bidi-font-weight: normal">$5 million.</b><o:p></o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The definition of feasibility is further spelled out:<o:p></o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt"><img alt="Spelling_blocks" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesspelling-blocks-small.jpg" border="0" /></p>
<p class="Default" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Here&#8217;s what you need to do<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">The CEQA findings would need to confirm that there are no feasible mitigation measures to avoid or lessen the significant impact of demolishing the Residence and, as to each alternative, verify: <o:p></o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">1. That the alternative would not avoid the significant, unavoidable impact to the historic resource and/or, <o:p></o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">2. That the alternative would not meet most of the basic Project objectives and/or <o:p></o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">3. That the alternative would be infeasible for:<o:p></o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><span style="mso-spacerun: yes">&nbsp;&nbsp; </span>a. Economic<o:p></o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><span style="mso-spacerun: yes">&nbsp;&nbsp; </span>b. Legal, social<o:p></o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><span style="mso-spacerun: yes">&nbsp;&nbsp; </span>c. Technological or other reasons. <o:p></o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="Default" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">The statement of overriding considerations would also need to set forth <b style="mso-bidi-font-weight: normal">the specific benefits of the proposed Project</b> that outweigh its unavoidable adverse environmental effect(s). <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Thus, if you own a struldbrug building in the State of <st1:state w:st="on"><st1:place w:st="on">California</st1:place></st1:state>, you are first imposed a renovator&#8217;s Hippocratic Oath &ndash; &#8220;do no harm unless it&#8217;s absolutely necessary&#8221; &ndash; and then required to show what in another age was called &#8220;redeeming social importance&#8221;:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="Tom_lehrer_05" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagestom-lehrer-05-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">To be shut it must be ut-<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">terly without redeeming social importance?<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Which, in 2004, the Town Council duly found:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">The Town Council [at the same time] adopted a statement of overriding considerations based on General Plan policies which encourage and promote protection of open space. The Town Council found that demolition of the Residence would have resulted in construction of a smaller home, thereby resulting in an <b style="mso-bidi-font-weight: normal">overall increase in the amount of open space</b> on the Property. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Having thus touched all the bases, as it thought, the town signed off:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Cya" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagescya-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Are your asses covered?<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">After public hearing, the Planning Commission certified the Final EIR and approved the demolition permit in June 2004.<span style="mso-spacerun: yes">&nbsp; </span></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Who put Mr. Jobs through this ringer?<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Wash_ringer" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imageswash-ringer-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Don&#8217;t mess with the Friends of the Jackling House, kid, or you&#8217;ll get hurt<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Enter the Committee of the Self-Appointed:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Neighbors_peering_in" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesneighbors-peering-in-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Hello, we&#8217;re here to tell you not to tear this house down<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon">The Planning Commission&rsquo;s actions were appealed to the Town Council by several citizens and the daughter of a former owner of the Residence. <span style="mso-spacerun: yes">&nbsp;</span>In December 2004, the Town Council considered the appeal.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">As we&#8217;ve seen, the Town Council rejected their appeal, so enter <i style="mso-bidi-font-style: normal">another </i>Committee of the Self-Appointed.<span style="mso-spacerun: yes">&nbsp; </span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Unrelated to the merits of their case, I wonder how this group had standing to intervene judicially.<span style="mso-spacerun: yes">&nbsp; </span>Perhaps it was their cool name:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 1in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 1in"><span style="FONT-SIZE: 11pt; COLOR: maroon">A group of individuals calling themselves <b style="mso-bidi-font-weight: normal">Uphold our Heritage</b> filed suit claiming that the Town Council&rsquo;s findings on alternatives and its statement of overriding considerations were not supported by substantial evidence in the record. No challenge was brought to the Final EIR itself. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: maroon"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">As we saw in Part 1, Uphold our Heritage won on procedure (lack of evidence) and now, three years later, the Town is considering the substance, based on an evaluation of five choices.<span style="mso-spacerun: yes">&nbsp; </span>As they put it on their Web site, <a href="http://www.friendsofthejacklinghouse.org/">Friends of the Jackling House</a>:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: navy; FONT-FAMILY: Garamond; mso-bidi-font-size: 12.0pt">On May 12, 2009, the Woodside Town Council may vote to wiggle around a string of Court rulings AGAINST granting demolition of this historic mansion. There is still no adequate evidence to grant demolition.</p>
<p>[Snip]<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: navy; FONT-FAMILY: Garamond; mso-bidi-font-size: 12.0pt"><br />Mr. Jobs&#8217; attorney&#8217;s case for demolition this time seems to be that all alternatives are too costly for his client, and therefore infeasible. At a preliminary meeting held April 28th, the attorney for the National Trust for Historic Preservation testified that other criteria must also be weighed. And even visibly nervous Town Council members questioned dubious cost estimates put forward by Jobs&#8217; attorney and his team of paid consultants.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: navy; FONT-FAMILY: Garamond; mso-bidi-font-size: 12.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Although we all know about those paid consultants, the fact remains that no other cost estimates have been proffered.<span style="mso-spacerun: yes">&nbsp; </span>To challenge Mr. Jobs&#8217; estimates with your own is one kind of argumentation to challenge them by ad hominem attacks is both unpersuasive to the typical bystander and likely unavailing to the town council.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: navy; FONT-FAMILY: Garamond; mso-bidi-font-size: 12.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; COLOR: navy; FONT-FAMILY: Garamond; mso-bidi-font-size: 12.0pt">In the context of American enterprise, historian Tim LeCain wrote Council members of his outrage that Steve Jobs would contemplate tearing down this mansion. <span style="mso-spacerun: yes">&nbsp;</span>&#8220;Jackling&#8217;s contribution to the 20th Century was cheap and abundant copper. Put simply, Daniel Jackling &#8216;wired&#8217; <st1:place w:st="on"><st1:country-region w:st="on">America</st1:country-region></st1:place>. .. That Steve Jobs &#8211; a man whose entire career has been built on devices that are essentially useless absent our copper-based electric power grid &#8211; proposes to tear down the home of the very man whose own innovations made that electric grid possible, strikes me as a particularly egregious case of historical ingratitude and amnesia &#8230;. <SPAN style="mso-spacerun: yes">&nbsp;</SPAN>I would ask Mr. Jobs &#8230; whether William Boeing would have so determinedly sought to raze the homes of Wilbur and Orville Wright?<BR style="mso-special-character: line-break"><BR style="mso-special-character: line-break"></SPAN><SPAN style="font-size: 10pt; font-family: arial"><o:p></o:p></SPAN></P><br />
<P class=MsoNormal style="margin: 0in 0in 0pt"><SPAN style="font-size: 10pt; background: aqua; font-family: arial; mso-highlight: aqua"></SPAN><SPAN style="font-size: 10pt; font-family: arial"><o:p><IMG alt=Wilbure_orville src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imageswilbure-orville-small.jpg" border=0><br /></o:p></SPAN><SPAN style="font-size: 8pt; font-family: arial; mso-bidi-font-size: 10.0pt">Boeing, Boeing &hellip; gone?</SPAN><SPAN style="font-size: 10pt; font-family: arial"><o:p>&nbsp;</o:p></SPAN></P><br />
<P class=MsoNormal style="margin: 0in 0in 0pt 0.5in"><SPAN style="font-size: 11pt; color: navy; font-family: garamond; mso-bidi-font-size: 12.0pt">Or if the CEO of Verizon would today &#8230; tear down a house once occupied by Alexander Graham Bell?&#8221;</span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Graham_bell_1878" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesgraham-bell-1878-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Mr. Watson, come here, someone is trying to tear down my house<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Now that we&#8217;ve sacrificed wiring and planes and telephones on the altars of past titans, what were the five alternatives presented, and what has the town council found?<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">[Continued tomorrow in Part 3.]</span></i></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt"><o:p></o:p></span></i>&nbsp;</p>
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<input type="hidden" name="postContent_0" value="&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;[Continued from yesterday's &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2009/05/shooting-a-white-elephant-part-1-the-elephant.html&quot;&gt;Part 1&lt;/a&gt;.]&lt;?xml:namespace prefix =&quot;&quot; o /&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;In yesterday&amp;#8217;s post, via the &lt;a href=&quot;http://www.woodsidetown.org/PDF/JHEIR_SReport.pdf&quot;&gt;Town Manager&amp;#8217;s April 28, 2009 Report to Town Council&lt;/a&gt; (pdf) in Woodside, California, we met patient homeowner Steve Jobs, who has for eight years been seeking to demolish a property he owns and plainly regards as a white elephant, a rambling 17,000-square foot Spanish Colonial Revival built in 1925 and now falling to pieces:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Jackling_104&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesjackling-104-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;As quoted in a &lt;a href=&quot;http://apple20.blogs.fortune.cnn.com/2009/04/27/inside-steve-jobs-tear-down-mansion/&quot;&gt;Fortune online article&lt;/a&gt;:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;Apple&amp;rsquo;s CEO bought the 30-room hacienda in 1984, the year the Mac was released, and camped out there for the better part of a decade before moving to &lt;?xml:namespace prefix =&quot;&quot; st1 /&gt;&lt;st1:city w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;Palo Alto&lt;/st1:place&gt;&lt;/st1:city&gt;.&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Steve_jobs_1982&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagessteve-jobs-1982-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Before the Jackling house: Jobs camping out in an apartment, 1982&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;He found the sprawling mansion a cold and dreary place to live. He has &lt;a href=&quot;http://www.appleinsider.com/articles/04/10/05/steve_jobs_to_give_away_historic_mansion.html&quot; target=&quot;new&quot;&gt;called it&lt;/a&gt; &amp;ldquo;one of the biggest abominations of a house I&amp;rsquo;ve ever seen&amp;rdquo; and says it will cost more to restore than to replace. At one point he offered to give it to anyone willing to pay to have it moved.&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Jackling_103&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesjackling-103-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Cue the &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;Phantom of the Opera&lt;/i&gt; music!&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Roughly five years ago, Mr. Jobs probably thought he was done with the judicial review:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;The Final Environmental Impact Report (EIR) concluded that demolition of the Residence would have significantly impacted an historic resource. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Once one finds the house historic, it&amp;#8217;s hard to claim no impact when you tear it down &lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Wingdings; mso-ascii-font-family: Arial; mso-hansi-font-family: Arial; mso-bidi-font-family: Arial; mso-char-type: symbol; mso-symbol-font-family: Wingdings&quot;&gt;&lt;span style=&quot;mso-char-type: symbol; mso-symbol-font-family: Wingdings&quot;&gt;J&lt;/span&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Duh_einstein&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesduh-einstein-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Thus it is demonstrated&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;So was Mr. Jobs compelled to care and nurture his &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2005/07/struldbrug_buil.html&quot;&gt;struldbrug&lt;/a&gt;, to prop up its immortality through artificial house-support?&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Death_becomes_her_02&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesdeath-becomes-her-02-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;What do you &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;mean&lt;/i&gt; you can see I&amp;#8217;ve had work done?&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;No.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;He could tear it down if he took some affordable measures to preserve the past:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;The Final EIR included mitigation measures requiring the applicant:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;[1] to develop historical and photographic documentation of the structure and&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;[2] to employ a qualified salvage company to remove and store features of the home identified as significant by an architectural historian. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Both are reasonable &amp;ndash; the kind of thing that represents a modest imposition on the owner.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Sure, it&amp;#8217;ll cost a few bucks, but not a lot.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Jackling_112&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesjackling-112-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;The master kitchen: oversize and under0maintained&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Nevertheless, snapping pictures and boxing faucets would not be equivalent to preserving the house:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;The Final EIR nonetheless concluded that these measures would not have reduced the impact of demolition of the Residence to a less than significant level. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;The EIR had to look at alternatives, one by one, to see if they might work:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;The Final EIR also examined five alternatives to the Project, focusing primarily on restoring and modifying the Residence to varying degrees in an attempt to avoid the significant impact of demolishing the Residence while still accomplishing most of &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;the basic Project objectives &lt;/b&gt;associated with constructing a new single-family home. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;st1:city w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Reading&lt;/span&gt;&lt;/st1:place&gt;&lt;/st1:city&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt; between the lines, the EIR&amp;#8217;s feasibility determination was constrained in two ways:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;Feasible is defined by CEQA as &amp;ldquo;capable of being accomplished in a successful manner within a reasonable period of time, taking into account economic, environmental, legal, social and technological factors.&amp;rdquo; CEQA Guidelines Section 15364.&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;1. An as-new home.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Mr. Jobs is evidently entitled to have a new or as-new home on his property.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;2. No &amp;#8216;material&amp;#8217; increase in costs&lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Mr. Jobs&amp;#8217; cost for the as-new home may not cost &amp;#8216;much more&amp;#8217; (our phrase) that what he was planning to build(*).&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Hands_tied&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imageshands-tied-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;For all you know, I tied these knots myself&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;The EIR Addendum also suggests that the cost of this alternative (which could be comparable to the cost of Alternative 2A, which also involves interior renovation of the Residence) may make it &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;economically infeasible since&lt;/b&gt; it could exceed the Project costs by approximately &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;$5 million.&lt;/b&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;The definition of feasibility is further spelled out:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Spelling_blocks&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesspelling-blocks-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Here&amp;#8217;s what you need to do&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;The CEQA findings would need to confirm that there are no feasible mitigation measures to avoid or lessen the significant impact of demolishing the Residence and, as to each alternative, verify: &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;1. That the alternative would not avoid the significant, unavoidable impact to the historic resource and/or, &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;2. That the alternative would not meet most of the basic Project objectives and/or &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;3. That the alternative would be infeasible for:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp;&amp;nbsp; &lt;/span&gt;a. Economic&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp;&amp;nbsp; &lt;/span&gt;b. Legal, social&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp;&amp;nbsp; &lt;/span&gt;c. Technological or other reasons. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;Default&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;The statement of overriding considerations would also need to set forth &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;the specific benefits of the proposed Project&lt;/b&gt; that outweigh its unavoidable adverse environmental effect(s). &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Thus, if you own a struldbrug building in the State of &lt;st1:state w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;California&lt;/st1:place&gt;&lt;/st1:state&gt;, you are first imposed a renovator&amp;#8217;s Hippocratic Oath &amp;ndash; &amp;#8220;do no harm unless it&amp;#8217;s absolutely necessary&amp;#8221; &amp;ndash; and then required to show what in another age was called &amp;#8220;redeeming social importance&amp;#8221;:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Tom_lehrer_05&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagestom-lehrer-05-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;To be shut it must be ut-&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;terly without redeeming social importance?&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Which, in 2004, the Town Council duly found:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;The Town Council [at the same time] adopted a statement of overriding considerations based on General Plan policies which encourage and promote protection of open space. The Town Council found that demolition of the Residence would have resulted in construction of a smaller home, thereby resulting in an &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;overall increase in the amount of open space&lt;/b&gt; on the Property. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Having thus touched all the bases, as it thought, the town signed off:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Cya&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagescya-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Are your asses covered?&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;After public hearing, the Planning Commission certified the Final EIR and approved the demolition permit in June 2004.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Who put Mr. Jobs through this ringer?&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Wash_ringer&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imageswash-ringer-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Don&amp;#8217;t mess with the Friends of the Jackling House, kid, or you&amp;#8217;ll get hurt&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Enter the Committee of the Self-Appointed:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Neighbors_peering_in&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesneighbors-peering-in-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Hello, we&amp;#8217;re here to tell you not to tear this house down&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;The Planning Commission&amp;rsquo;s actions were appealed to the Town Council by several citizens and the daughter of a former owner of the Residence. &lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp;&lt;/span&gt;In December 2004, the Town Council considered the appeal.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;As we&amp;#8217;ve seen, the Town Council rejected their appeal, so enter &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;another &lt;/i&gt;Committee of the Self-Appointed.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Unrelated to the merits of their case, I wonder how this group had standing to intervene judicially.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Perhaps it was their cool name:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 1in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 1in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;A group of individuals calling themselves &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;Uphold our Heritage&lt;/b&gt; filed suit claiming that the Town Council&amp;rsquo;s findings on alternatives and its statement of overriding considerations were not supported by substantial evidence in the record. No challenge was brought to the Final EIR itself. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: maroon&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;As we saw in Part 1, Uphold our Heritage won on procedure (lack of evidence) and now, three years later, the Town is considering the substance, based on an evaluation of five choices.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;As they put it on their Web site, &lt;a href=&quot;http://www.friendsofthejacklinghouse.org/&quot;&gt;Friends of the Jackling House&lt;/a&gt;:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: navy; FONT-FAMILY: Garamond; mso-bidi-font-size: 12.0pt&quot;&gt;On May 12, 2009, the Woodside Town Council may vote to wiggle around a string of Court rulings AGAINST granting demolition of this historic mansion. There is still no adequate evidence to grant demolition.&lt;/p&gt;
&lt;p&gt;[Snip]&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: navy; FONT-FAMILY: Garamond; mso-bidi-font-size: 12.0pt&quot;&gt;&lt;br /&gt;Mr. Jobs&amp;#8217; attorney&amp;#8217;s case for demolition this time seems to be that all alternatives are too costly for his client, and therefore infeasible. At a preliminary meeting held April 28th, the attorney for the National Trust for Historic Preservation testified that other criteria must also be weighed. And even visibly nervous Town Council members questioned dubious cost estimates put forward by Jobs&amp;#8217; attorney and his team of paid consultants.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: navy; FONT-FAMILY: Garamond; mso-bidi-font-size: 12.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Although we all know about those paid consultants, the fact remains that no other cost estimates have been proffered.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;To challenge Mr. Jobs&amp;#8217; estimates with your own is one kind of argumentation to challenge them by ad hominem attacks is both unpersuasive to the typical bystander and likely unavailing to the town council.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: navy; FONT-FAMILY: Garamond; mso-bidi-font-size: 12.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; COLOR: navy; FONT-FAMILY: Garamond; mso-bidi-font-size: 12.0pt&quot;&gt;In the context of American enterprise, historian Tim LeCain wrote Council members of his outrage that Steve Jobs would contemplate tearing down this mansion. &lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp;&lt;/span&gt;&amp;#8220;Jackling&amp;#8217;s contribution to the 20th Century was cheap and abundant copper. Put simply, Daniel Jackling &amp;#8216;wired&amp;#8217; &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:country-region w:st=&quot;on&quot;&gt;America&lt;/st1:country-region&gt;&lt;/st1:place&gt;. .. That Steve Jobs &amp;#8211; a man whose entire career has been built on devices that are essentially useless absent our copper-based electric power grid &amp;#8211; proposes to tear down the home of the very man whose own innovations made that electric grid possible, strikes me as a particularly egregious case of historical ingratitude and amnesia &amp;#8230;. &lt;SPAN style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp;&lt;/SPAN&gt;I would ask Mr. Jobs &amp;#8230; whether William Boeing would have so determinedly sought to raze the homes of Wilbur and Orville Wright?&lt;BR style=&quot;mso-special-character: line-break&quot;&gt;&lt;BR style=&quot;mso-special-character: line-break&quot;&gt;&lt;/SPAN&gt;&lt;SPAN style=&quot;font-size: 10pt; font-family: arial&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/SPAN&gt;&lt;/P&gt;&lt;br /&gt;
&lt;P class=MsoNormal style=&quot;margin: 0in 0in 0pt&quot;&gt;&lt;SPAN style=&quot;font-size: 10pt; background: aqua; font-family: arial; mso-highlight: aqua&quot;&gt;&lt;/SPAN&gt;&lt;SPAN style=&quot;font-size: 10pt; font-family: arial&quot;&gt;&lt;o:p&gt;&lt;IMG alt=Wilbure_orville src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imageswilbure-orville-small.jpg&quot; border=0&gt;&lt;br /&gt;&lt;/o:p&gt;&lt;/SPAN&gt;&lt;SPAN style=&quot;font-size: 8pt; font-family: arial; mso-bidi-font-size: 10.0pt&quot;&gt;Boeing, Boeing &amp;hellip; gone?&lt;/SPAN&gt;&lt;SPAN style=&quot;font-size: 10pt; font-family: arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/SPAN&gt;&lt;/P&gt;&lt;br /&gt;
&lt;P class=MsoNormal style=&quot;margin: 0in 0in 0pt 0.5in&quot;&gt;&lt;SPAN style=&quot;font-size: 11pt; color: navy; font-family: garamond; mso-bidi-font-size: 12.0pt&quot;&gt;Or if the CEO of Verizon would today &amp;#8230; tear down a house once occupied by Alexander Graham Bell?&amp;#8221;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Graham_bell_1878&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesgraham-bell-1878-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Mr. Watson, come here, someone is trying to tear down my house&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Now that we&amp;#8217;ve sacrificed wiring and planes and telephones on the altars of past titans, what were the five alternatives presented, and what has the town council found?&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;[Continued tomorrow in Part 3.]&lt;/span&gt;&lt;/i&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&amp;nbsp;&lt;/p&gt;
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