[MichaelMug]

Will Costco be collecting rent? The mental gymnastics are impressive. It’s not a good thing that Costco gets to expand to housing. This is just like private equity and 401k’s buying houses. People should be able to own their own housing not become lifelong renters.

[Arrath]

Should Costco be explicitly banned from non-commercial development in the otherwise unused air-space above their store's footprint? Forced to sell the air rights to other developers? This mixed-use approach seems like a much better use of the lot space.

I wholeheartedly agree that people should be able to own their own housing, but I don't see the two as mutually incompatible in the larger scheme.

[MichaelMug]

I don’t see how my comment would imply or could be understood as wanting a ban or being against mixed use development.

[javagram]

Rental apartments are important for people who plan to live there less than 5-7 years. If all apartments were condos and there was no renting , where are people who don’t have a down payment saved supposed to live? What if they need to move to a larger place after a year or two?

[MichaelMug]

That is entirely not the issue I’m raising here.