[quote=bearishgurl][quote=The-Shoveler]Others want schools for kids etc…
I believe AN
1) had a home
2) had a job.
If you have none of the above you move to where you can find one, usually things work out.[/quote]
Absolutely, the newcomer adapts to wherever they are living. If that is a 1150 sf bungalow circa 1947 in SV (as I mentioned before), then so be it.
Newcomers must adapt to any new locale which they have chosen to move to. That “new locale” is not obligated in any way, shape or form to adapt to newcomers’ housing wishes and wants.[/quote]
I would surmise that the state, county and cities are losing out on income and property tax revenue from the lack of housing in Silicon Valley for eager and willing workers who want to move there for high paying jobs. If I was mayor or a county supervisor and there were high tech companies wanting to relocate to my city or county with a bevy of qualified workers in tow, I’d do everything I could to make it easy for them to set up shop. There is no obligation or mandate for government officials to raise or protect property values. If a retired high school teacher’s house suddenly loses value due to the construction of a large tract across the street, so be it.