Want the news summarized?
Subscribe to The Morning Report.
Friday, Oct. 30, 2009 | Sorry, but it’s difficult to empathize with the “plight” of the Suttons and other De Anza Cove residents who’ve lived on one of prime pieces of real estate in coastal San Diego County for years at a pittance of the true value of their leased property. Face it — they don’t own the underlying land, and the term of their land leases expired years ago.
It’s time for the landlord (city of San Diego) to exercise its lawful authority and for the tenants to move on. Please relate this to the following article by Scott Lewis that seriously considers municipal bankruptcy.
The city needs to manage the assets it already possesses before even considering reneging on legal contracts with its employees.