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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]
On August 6, 2021, TODCO's Director of Community Development, Jon Jacobo, was accused of rape by a Bay Area housing activist. [ 14 ] [ 15 ] The activist's accusation included screenshots of text messages between the accuser and Jacobo, as well as test results from the accuser’s rape kit.
This graphic shows the year that cities around the San Francisco Bay Area are projected to reach their 2040 housing targets as defined in Plan Bay Area 2040 (housing units needed to provide sufficient housing for the projected population growth) - in 2018, San Francisco was projected to be 23 years late to meet its 2040 target. MTC director ...
Displaced Los Angeles-area residents face spiking rents as authorities warn of price gouging ... 15 major U.S. cities where home prices have risen the most in 2024 ... Mom of 5 Reveals Steep Rent ...
California housing costs are among the most unaffordable in the United States. In 2018, the median San Jose home cost 10 times the median household income; Los Angeles homes cost 9.5 times; San Francisco homes cost 8.9 times; San Diego homes cost 8.1 times. [10] California is the most expensive state to rent in, in the United States. [11]
Rent prices in the Bayview remain relatively low, by San Francisco standards, with over 50% of rents paid in 2009 at less than $750/mo. [44] A recent Brookings Institution report identified Hunters Point as one of five Bay Area "extreme poverty" neighborhoods, in which over 40% of the inhabitants live below the Federal poverty level of an ...
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