Monday, October 19

Tag: Jed Kolko

ULI: Housing Costs, Poor Amenities Souring Bay Area Residents on Region
Demographics

ULI: Housing Costs, Poor Amenities Souring Bay Area Residents on Region

By Sharon Simonson SAN FRANCISCO — The Bay Area’s high housing costs, limited housing diversity and inadequate amenities are reducing life satisfaction for all residents but especially the millennial-generation of young adults whose labors are helping to fuel the technology industry boom. According to a new report from the Urban Land Institute, the disquiet is most acute in Santa Clara County, where residents of all ages are the least satisfied with their current living choices and the least confident of their ability to buy a home or rent an apartment they want. Santa Clara County has the highest concentration of technology companies in the region and the highest proportion of millennials. South Bay residents are also the most likely to feel that they lack desirable, nearby o...