A blog about Marinwood-Lucas Valley and the Marin Housing Element, politics, economics and social policy. The MOST DANGEROUS BLOG in Marinwood-Lucas Valley.
Tuesday, November 20, 2018
Pension Funds demand HIGHER RENTS from Bay Area Residents
At the November 14, 2018 CASA Technical Committee, Developer Covarrubias. TMG Partners michael.c@tmgpartners.com tells the Committee that Government Pension Funds are driving the demand for high returns on real estate investments. CASA is a committee of industry insiders that has crafted a plan to collect $4 BILLION DOLLARS annually in taxes and fee to fund affordable housing. Developers stand to make billions.
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