The Silicon Valley economic miracle has become a housing nightmare. We aren’t building enough housing for all the people who want to live here. As rents and home prices continue to rise, our economic growth, our diversity and our climate are threatened.
SPUR believes that the actions of local governments are critical to addressing the housing shortage. Cities can make decisions that will help alleviate this shortage by zoning for dense housing near transit, allowing the creation of secondary units in existing single-family neighborhoods and supporting funding for a ordable housing. Or they can make the housing shortage worse by not allowing multifamily apartments to be built within neighborhoods, by making it hard to site and fund a ordable housing that families need, and by stalling important transit projects that help connect the region, forcing people into long commutes from less expensive housing to the places where jobs are located.