enterprise

Foy S. McNaughton President and CEO R. Burt McNaughton Publisher

evidence on why Davis' housing prices are so high. She asserts as a retired UCD professor in philosophy of science that she's better qualified to review that evidence.

With a doctorate in agricultural and resource economics and nearly four decades as a consultant on regulated markets, I can present the deeper analysis that supports the students’ concerns about our housing costs.

Rather than just looking simply as recent price trends, we must look at the persistence of the value premium over neighboring communities such as Woodland and Dixon (as much as 85%) and how that premium grew during the Great Recession as housing markets collapsed in those other places.

Further, looking at only the projects that made the ballot fails to understand that how many other projects were not proposed because of the difficulty and cost posed by Measures J/R/D. The rush of five proposals that followed a change

224-3553; email: https://www.padilla .senate.gov/contact/contact-form/

President

The Hon. Joe Biden, The White House, Washington, D.C., 20500; 202-456-1111 (comments), 202-456-1414 (switchboard); email: http://www.whitehouse.gov/contact

U.S. Senate

Sen. Dianne Feinstein, 331 Hart Senate Office Building, Washington, D.C., 20510; 202224-3841; email: http://feinstein.senate. gov/public/index.cfm/e-mail-me

Sen. Alex Padilla, 112 Hart Senate Office Building, Washington, D.C., 20510; 202-

House of Representatives in state policy on promoting housing is strong evidence of that latent untapped supply suppressed by our growth controls.

Finally, many recent economic studies are revealing the increased housing costs from local growth and zoning controls. The students are on the right trail here.

Richard McCann Davis

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