Affordable Housing

Tech Giants Are Fixing the Problems They Started

Ever since leading tech companies Amazon, Apple, Facebook and Google all landed on the West Siiiide (did you say that in your best Tupac voice?), affordable housing has been nearly impossible to find. Recently these companies vowed to find solutions to this issue in their local communities. But are their efforts enough? Some say nah. ​Despite the billions of dollars they've pledged and initiatives...

Affordable Housing is Not So Affordable

The average U.S. housing costs $240,000. But in San Francisco, a two-bedroom apartment costs around $750,000 to build. The costs of construction in SF are 13% higher than in New York, 60% more expensive than Chicago, and 75% more than in Houston. But why is it SO expensive? For starters, the price of land and labor in California is insanely higher than other states. In SF, a construction worker...

10 Things Your Competitors Can Teach You About Real Estate

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Regular People Get to Buy Homes First

Under a new measure approved by Governor Gavin Newsom, local governments, affordable housing groups, and tenants will get first dibs in buying foreclosed homes. The bill was written to prevent large corporations from buying up houses and letting some of them remain untouched for years as they did during the Great Recession. Simply put: this measure is meant to give people who want to buy a home a...

Bart’s New Plan

BART has now approved a development project at the West Oakland Station that will include 762 housing units (!!!) with more than 30% of units being marked specifically for affordable housing. The development will also include more than 50,000 square feet of retail space and 300,000 square feet of office space, along with additional crosswalks and wide sidewalks for pedestrian access, perfect for...

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