Proposition D, misleadingly called the Rural Preservation and Traffic Control Initiative, is probably the most restrictive no-growth initiative on the ballot, the next being Proposition J.
It pits the Haves against the Have Nots, with the cost of housing rising to unheard-of levels. It will cause vacancies in rental housing to be non-existent and thereby raise rent to such levels that rent control will be the next battleground. Jobs in the building industry, and many other jobs that are created from the economy being healthy, will die in what is nationally one of the longest sustained growth periods.
I am a small developer, and I developed small residential buildings in the city, mostly housing for young professionals and students. I have watched the rental rate on this type of housing move up fast with the restrictions on growth through the Interim Development Ordinance in the city.
I am mapping land for houses in the county that is surrounded by similar houses. If Proposition D passes, I do not know when I will be able to build them. I will face financial hardship on a project that the public wants to buy. Prices for housing in the county are already leaping upward at unheard-of rates, again because of fear that no-growth restrictions will price housing out of reach.