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Footnotes Footnote 1. Millennials and Housing. Homeownership Demographic Research. Freddie Mac. 2021. See graphic at Exhibit I. Footnote 2. How the Generation Wars Are Playing Out in the Golden State. The cost of living in California may eventually result in millennials gaining the upper hand over entitled baby boomers. FastCompany.com. Eric Pape. Oct. 3, 2018. Footnote 3. The eight year RHNA cycles start at different dates for various counties, with some counties starting in late 2013 and some counties starting in early 2015, but overall centered on 2014 calendar year. Pleasanton's (Alameda County's) RHNA cycle is from Jan. 31, 2015 to Jan. 31, 2023. Footnote 4. From Exhibit B-2: $4,790,880 lost property value divided by 345 units equates to an affordable housing fee of$13,886 per unit. Footnote 5. For relatively high density single family on small lots, the issue of potential future ADU's or additions, when even feasible, would need to be addressed at project approval, perhaps with pre-approved designs. Exhibits Exhibit A. Fifty Year History of California v. U.S. Housing Prices. MacDonald and Vernon. 2022. Exhibit B. Real Cost of Inclusionary Rent Controls under 5%, 10%, 15%, 20% and 25% Inclusionary Requirements. MacDonald 2022. Exhibit C. Housing Subsidy Required to Meet Pleasanton 2023-2031 RHNA Allocation. MacDonald. 2021. Exhibit D. An Economic Impact Analysis of an Inclusionary Zoning Ordinance. MacDonald. Oct. 2000. Exhibit E. Letter to State HCD re Pleasanton RHNA Moratorium. MacDonald. Feb. 2021. Exhibit F. Pleasanton Annual Progress Report to State HCD for 2021. Exhibit G. Pleasanton Development Fees — 2022 (annotated) —from draft Pleasanton Housing Element. Exhibit H. Housing Supply Data for CA, 1980 to Present. First Tuesday. Exhibit I. Map of Millennial Homeownership Percentage by State Link to Exhibits: https://www.dropbox.com/sh/Oe4d1b9d9vmefwd/AAAww5rX2DfYpJo2isOxV6Aga?dI=O