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In 2018, the median rental rate in Silicon Valley was $2,911, the highest of any major metropolitan region in the United States. [3] At $3.20 per square foot, the San Jose metro area has the second highest rental rate per square foot in the United States, behind San Francisco at $3.42. [3]
The Bay Area's housing shortage is part of the broader California housing shortage. In October 2015, San Francisco had the highest rents of any major US city. [ 2 ] The nearby city of San Jose had the fourth highest rents, and adjacent Oakland had the sixth highest. [ 2 ]
In the California Bay Area affordable workforce housing has been targeted to retain teachers when it was discovered that high housing costs were a main reason for high turnover. One developer received a density bonus, i.e. the right to build more units than current zoning allowed, in exchange for providing units geared towards people making 80 ...
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Photograph of New York City tenement lodgings by Jacob Riis for How the Other Half Lives, first published in 1890.. In the 19th and early 20th centuries, government involvement in housing for the poor was chiefly in the area of building code enforcement, requiring new buildings to meet certain standards for decent livability (e.g. proper ventilation), and forcing landlords to make some ...
San Francisco Bay Area. The San Francisco Bay Area, commonly known as the Bay Area, is a metropolitan region surrounding the San Francisco Bay estuaries in Northern California. According to the 2010 United States Census, the region has over 7.1 million inhabitants and approximately 6,900 square miles (18,000 km 2) of land. [1]
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