Arthur Penske 
Member since Apr 10, 2015


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Recent Comments

Re: “Study: Oakland's Housing Affordability Crisis Is the Worst Among Major US Cities

Darwin, are you inferring that the East Bay Express is pro-Development?

Posted by Arthur Penske on 12/10/2015 at 1:30 PM

Re: “Study: Oakland's Housing Affordability Crisis Is the Worst Among Major US Cities

Getting displaced is horrible and I feel for those on the thread who are feeling this burden. I’ve been through it twice myself. I find EBx’s approach to this problem confusing and irrational. By shooting down every market rate development and entrenching developers with impact fees, affordable mandates, and additional development taxes you are discouraging development and not convincing those with means from moving to Oakland. People are coming and you can’t blame them; Oakland is still cheaper than a lot of Bay Area communities.

You say we need more help from the Oakland city council and government, well in 2014, 72% of the 788 units built in Oakland were affordable units (1). Both in 2014 and 2015, only one market rate unit was developed in all of Oakland (2). I don’t think it is hard to understand why existing housing stock is in such high demand.

You can’t play both sides of the housing card by shooting down development and expect to solve this problem, especially because 46% of Oakland is excited that property values are skyrocketing (Oakland has 54% renters (3)). We need more housing at all rates, affordable housing has been the majority of larger developments over the last few years (probably the last few decades) and we are feeling the repercussions now. As far as rent control and eviction policies, SF has the some of the strictest in the nation and they don’t work too well.

My point, take it easy on landlords and Market Rate housing. Let private companies and private individuals profit from building in Oakland, in the long run it will help the community and it is the sign of a healthy economy. Just saying “Government Help Us!!” is not a realistic solution.

(1) http://www.bizjournals.com/sanfrancisco/bl…
(2) http://zipatlas.com/us/ca/oakland/zip-code…
(3) http://zipatlas.com/us/ca/oakland/zip-code…

Posted by Arthur Penske on 12/10/2015 at 12:54 PM

Re: “Federal Grant Would Require Oakland to Increase Police Budget by $10 Million

Yes please. This is the the best possible use of money for Oakland.

Posted by Arthur Penske on 12/08/2015 at 8:10 AM

Re: “No Charges in Lake Merritt Drumming Incident, OPD Says Noise Complaint Was Not A Priority

Well, the East Bay Express surely can not claim to be solving any racial disparity that exists in our community. This article is riddled with underlying prejudices and half-truths. Fighting racism with racism only makes the whole world racist! Just stop what you are doing. Please stop.

Posted by Arthur Penske on 10/28/2015 at 9:05 AM

Re: “Will Oakland Protect and Expand Affordable Housing?

If you live in Oakland, buy anything you can as close as you can to your home, now. If that means San Leandro or Fremont, then that's what you need to do. "Market rate" today is what luxury was only a few years ago and it is going to get worse. Everyone is feeling this squeeze all the way up past 100% AMI. Unfortunately, affordable housing for the masses and the radical policies the EBx pushes will not solve anything.

2 likes, 0 dislikes
Posted by Arthur Penske on 08/04/2015 at 3:33 PM

Re: “Asian Seniors Misled About Lake Merritt Luxury Tower

If this plan is shot down, how will the city of Oakland afford all this affordable housing? Oakland already has more affordable housing than most Bay Area cities and less taxes are generated as a result. Without market-rate development, crime will continue to plague the community due to a derelict police force, the sewers will continue to dump sewage in the bay, and the school system will continue to rank amongst the lowest in the nation. This, among other development opportunities, is a great chance for Oakland to move forward with long-term changes that will benefit the whole community.

It also seems unfair for UrbanCore to be taking the heat for the mislead elderly when it seems that a third party landowner is truly responsible.

11 likes, 15 dislikes
Posted by Arthur Penske on 04/10/2015 at 3:34 PM

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