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When residents of San Lazaro mobile home park learned the property was up for sale, many shared the same fear as resident Lety Garcia: displacement.
“We are afraid that new owners will raise rent or close the park, and many families will be displaced from their homes,” she said.
Residents say San Lazaro, located in unincorporated Boulder County near Boulder, is more than just housing for its 800-plus residents. It is a diverse, close-knit community where people know and rely on their neighbors. Many have called the park home for decades, some for more than 40 years. Unwilling to risk that community on an unknown buyer, residents are...
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Residents are scrambling to assemble financing for the $42.5 million property, hoping resident ownership can protect hundreds of families from displacement and rising rents while giving the community more control over long-standing water quality problems.
Does the insatiable appetite of virtue signaling have no financial boundaries? I guess when California has spent billions on a train that is yet to carry a single passenger, it should not be unexpected that the Colorado media finds it reasonable to spend $42.5 million to save around 200 families from the “evil clutches of capitalists” – despite the fact that this number amounts to around $200,000 per household. Think of how crazy that is.