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Poor Kids of Silicon Valley

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31–40 of 280 posts

Re: Poor Kids of Silicon Valley

#31

I don't think the solution is as simple as 'building more housing'(aka giving permits). It would drive down the prices somewhat, but what's to stop more engineers from moving in/shortening their own commutes etc? I think the term we're looking for is 'build low-income housing'. That would make it more likely that people who need it get it.

More people want to live there? Awesome, build even more. Demand is not infinite. Ever.

Re: Poor Kids of Silicon Valley

#33

Isn't the simple obvious solution just to build a lot more housing? More supply means lower prices.

No. The Valley is geographically constrained. The mountains enclosing it are too rugged to safely build on. The best you could do would be to permit high-rise housing which would provide some expensive housing to the high-end.

A better idea would be to stop permitting any non-housing construction until the housing to job balance is restored.

Re: Poor Kids of Silicon Valley

#34

It skips some important points. The cost of living is high due to zoning laws and a lack of building. Subsidizing families' rent will just make existing landlords richer. It would just drive rents up further. What is needed to get fewer people bidding on the same unit. If landlords are finding <1 suitable tenants per vacancy then suddenly it becomes a renter's market.

Public housing is an anethma in the English-speaking world these days, but it's one answer. Mixing public housing/apartments in with private would provide accomodation while also providing a base price.

Re: Poor Kids of Silicon Valley

#36

This may not be the most popular thing to say, but ... Just move? If you are the head of a large household living in an area where the cost of living is too high to support your dependents, you would do a whole lot of good for them and yourself by starting new in some other part of the country. At the very least it would be wise to relocate across the Bay. I realize that people have families, social networks, and sma…

> My sentiment is not classist or elitist.

You just think poor people should have to move out of their homes because rich people decided they want to live there. Got it.

> The same argument applies to people of all socioeconomic background.

Yeah, rich people get forced out of their homes because they can't afford them all the time. /s

Re: Poor Kids of Silicon Valley

#37

It skips some important points. The cost of living is high due to zoning laws and a lack of building. Subsidizing families' rent will just make existing landlords richer. It would just drive rents up further. What is needed to get fewer people bidding on the same unit. If landlords are finding <1 suitable tenants per vacancy then suddenly it becomes a renter's market.

On top of more housing, we need better public transit. Start with running Caltrain every 10 minutes. Change local transit so that it becomes a feeder to/from Caltrain, BART, etc. And make it cheaper.

Definitely. This is a pipe dream, but this proposed plan for BART (in 1956) would have been a-ma-zing.

Source: http://www.jakecoolidgecartography.com/regional-rapid-transi...

Unfortunately, there is absolutely no chance of anything close to that being built in our lifetimes.

Re: Poor Kids of Silicon Valley

#39
post #13

How can people of moderate (Silicon Valley) means help?

Push for policy changes that allow for the addition of enough housing to bring down prices.

Please elaborate. I'm not well versed in the world of policy. How can I push for these changes? What are the changes?

Re: Poor Kids of Silicon Valley

#40

I don't think the solution is as simple as 'building more housing'(aka giving permits). It would drive down the prices somewhat, but what's to stop more engineers from moving in/shortening their own commutes etc? I think the term we're looking for is 'build low-income housing'. That would make it more likely that people who need it get it.

Why would you build low income housing that excludes people in the middle? All low income housing does is creates two tiers of housing prices and if you are at the low end of the income scale and do not qualify for the low income housing, you are even more screwed than you otherwise would be. The solution is to build more housing that lowers everyone's rent.
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