Editor,
The San Mateo County Economic Development Association (SAMCEDA) represents a contingent of leading Bay Area businesses, institutions, organizations and entrepreneurs. We are recognized for our experienced, impact-driven approach as a business advocacy organization.
Rent control legislation serves to restrict housing supply and in the long term is both counterproductive and detrimental public policy. Therefore the Board of Directors of SAMCEDA unanimously opposes Measure Q in San Mateo and Measure R is Burlingame.
SAMCEDA is proud that the Silicon Valley has been a forward-looking region, welcoming of people from around the United States and the world. It is that diversity, which contributes to the strength and vibrancy of our region, but it is at risk. SAMCEDA’s members see housing costs and the inadequate growth in housing supply as the biggest threat to the regional economy. The lack of housing options at all levels of affordability has become a major threat to the economy of the Bay Area.
The region’s employers are finding it increasingly difficult to attract and keep top talent in the Bay Area, which is directly related to our high housing costs. It is imperative that we work aggressively to protect and grow economic prosperity in Silicon Valley. It must be the priority of every city and town in the region to create housing opportunities for people at every income level.
Rosanne Foust
Redwood City
The letter writer is the president and CEO of the San Mateo County Economic Development Association.
Please purchase a Premium Subscription to continue reading.
To continue, please log in, or sign up for a new account.
We offer one free story view per month. If you register for an account, you will get two additional story views. After those three total views, we ask that you support us with a subscription.
A subscription to our digital content is so much more than just access to our valuable content. It means you’re helping to support a local community institution that has, from its very start, supported the betterment of our society. Thank you very much!
Only subscribers can view and post comments on articles.
Already a subscriber? Login Here
Sorry, an error occurred.
Already Subscribed!
Cancel anytime
Thank you .
Your account has been registered, and you are now logged in.
Check your email for details.
Submitting this form below will send a message to your email with a link to change your password.
An email message containing instructions on how to reset your password has been sent to the email address listed on your account.
No promotional rates found.
Secure & Encrypted
Thank you.
Your gift purchase was successful! Your purchase was successful, and you are now logged in.
| Rate: | |
| Begins: | |
| Transaction ID: |
A receipt was sent to your email.
(0) comments
Welcome to the discussion.
Log In
Keep the discussion civilized. Absolutely NO personal attacks or insults directed toward writers, nor others who make comments.
Keep it clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't threaten. Threats of harming another person will not be tolerated.
Be truthful. Don't knowingly lie about anyone or anything.
Be proactive. Use the 'Report' link on each comment to let us know of abusive posts.
PLEASE TURN OFF YOUR CAPS LOCK.
Anyone violating these rules will be issued a warning. After the warning, comment privileges can be revoked.