Liberal Elites Lose It Over Proposed Nantucket Low-Income Housing Project

[link to www.zerohedge.com (secure)]

Liberal elites spend their summers on Nantucket, an isolated island off Cape Cod, Massachusetts. Many year-round residents live in homes worth millions of dollars and are furious about the plans to build an affordable housing complex on the island.

Surfside Crossing is planning to build 156 homes on a 13-acre affordable housing development has sparked a flurry of lawsuits and protests. A record amount of residents have turned out at hearings to object to the low-income housing development amid the worst affordability crisis for homeownership ever.


Residents claim the new housing development "will damage the environment and strain resources, and that the developers are using the subsidized housing angle to skirt zoning restrictions,

Meanwhile, the developers say most elite residents are just furious that a low-income housing project will be in their own multi-million backyard.

On an island where some homes are listed for sale between $30 and +$50 million, and the median listing home prices are above $3 million -- it should make sense why residents don't want these affordable homes priced between $261,000 and $373,000.

Tucker Holland, the town's housing director, said it was "the biggest controversy that I can recall in recent years."

Meghan Perry, a year-round resident and opponent of the low-income housing project, said:

"I think the developers underestimated our community."



AWW HELL NO! Not in my backyard...