[quote=Happs][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.[/quote]
Well Happs, according to a link on this thread which you provided:
[quote=Happs]Lots of office, retail, hotel and residential projects underway in the city of Santa Clara. Every little bit of new inventory helps if you’re looking to rent/buy.
. . . the City of Santa Clara has permitted a dozen or more infill projects currently in progress (both commercial and multifamily). The problem with putting new tracts in SV is that they likely will be infill because there isn’t any more land available for new subdivisions. As such, there is nothing to prevent the existing housing there commanding a premium in both rents and resale prices. I really believe there IS enough housing in SV for ALL of its workers. Many of them are just making the choice to live elsewhere (SF proper, SJ and beyond and East Bay). An employer can’t dictate where their new hires choose to move to or how far away from work they choose to live.
