Do the Math – The Feasibility of Retail and When it Should be Required Luchtime Forum
We know that housing is unaffordable, with a six-figure income required in order to afford an average rental apartment in Santa Clara County and more than $250,000 income required to purchase the median-priced home. Certainly some of the reason for the cost is basic supply and demand; we are not building sufficient housing to meet the demand for the many jobs being added, or to meet the natural increase in family formation. The other critical factor is simply the cost…