The Affordable Housing Crisis in Silicon Valley

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Affordable housing has been a consistent problem in Silicon Valley over the past few years. As the tech industry boomed, more and more people lost their jobs, and people with higher salaries moved in. During this time, the housing market could not keep up with demand, so those with lower income jobs ended up on the streets, or living in their cars. This is an obvious problem in our city, and everybody can take action!

John D. Sutter wrote an interesting article for CNN regarding Child Poverty in Silicon Valley. In this article, he shows how child poverty and the Silicon Valley affordable housing crisis connect. It is a hard thing to think about, but without affordable housing in the area, there are too many people without homes.

John writes that there are a few major changes that can be made to start turning this crisis around. The first requires an increase in federal housing subsidies. How YOU can help is to offer support to groups such as Samaritan House, Family Supportive Housing, or Housing Trust Silicon Valley. You can also petition the big companies in the area such as Google and Apple to fund affordable housing projects near them.

The next thing you can do is support the increase of minimum wage. This may seem like something you cannot do, but you can. Minimum wage is so low that one cannot live off of that, or support a family. Petition Congress for a higher minimum wage. You can make a difference.

Help those who need it. Give money to poverty stricken families. This can be a simple donation, or you can focus on petitioning the Congress to start a “Basic Income” bill. Whatever you do can help.

If you want to help, or have an idea of how to help, you can take the steps needed to make a difference. We at Haylen Group are here to help you with all of your real estate needs! If you are unsure what your options are, call Helen Chong at (408) 800-LIST or email at Helen@HaylenGroup.com. You can also visit us at our website for available listings and additional information.

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