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9A <br /> Page 91 <br /> Randy Lamb and Partners on anotller project for a cauple years now, and, f�r what it's <br /> worth, T beiieve he is a First-class human being and a man of his word. <br /> �Ll� �t���'1^J 1��it� <br /> Il2tE'YO RE�crl�state Scrvices, Rcal Estate 13r•okeY <br /> Pho».e GS0.947.4792 <br /> EFax 408.9()4.7E84 <br /> Dear�Iadam Mayo3�; <br /> You may remember me from an eniail exchange we had a few years ago. Yo«were tziquiring on bel�alf of <br /> a�oung�rxaii�vho worked for tne city,t�'ying to assist his fami]y in ouying a hame in Redwood City. �Je <br /> also met shortly aftcr that exchange at one of the Chamber of Commerce m.ixers hosted by the develapers <br /> of'th.e project at the old Pete's Harbor site. <br /> As a realtor working and specializing in Redwood City pzoperties,I can say that I ain wholeheartedly in <br /> favor of such a projcct as this. W.h.at we iaeed more than anything else is more housing being developed. <br /> Young buyers are being pilced out of t12e mazket and fewer and fewer of them are able to achieve the <br /> Americaii Dream. The factor driving t11e dramatic iiicreases in housi��g prices is the lack of inventor.y of <br /> available homes. It is a case of supply-and-demand tuxned on its head. While t1�e dranlatic increase in <br /> prices of homes is good news for homeowners,even those who have no plans to sell, it severely pl.uzishes <br /> young buyers looking to buy their first home. <br /> Wl�en�je increase the��umbers of available homes for sale,we begin to turn the supply-and-demand <br /> equation back to its proper equilibritun. <br /> As for density,this is the future. With fuel and energy costs soaring and unlikel.y to co�ne back dowm, <br /> urban infili is the answez to ever ex}�and.ing suburban sprawl,and the long commutes that come witli it. <br /> Redwood City needs this p3-oject, and many rnore like it. <br /> Thaiik you for taking your time to read these comments. <br /> Best Rcgards, <br /> 7im Somers <br /> Coldwei i�atlkci' <br /> 570 BI Camino Real, Suite 100 <br /> Redwood City,Ca. 94fl63 <br /> �550)474-3606 <br />