A recent summit of housing developers, city leaders and resident advocates – Urban Land Institute’s “Housing the Bay” – in San Francisco discussed ways to fix, or at least improve, the current housing shortage in the Bay Area. All agreed that the siutation is so critical that no reasonable idea should be dismissed. Some of the possible solutions included:
- More duplexes or fourplexes as the demand for single-family homes continues to severely limit supply
- Boost production by changing – i.e. lowering – city fees
- Create a middle-income financing structure
- Remove Prop. 13 from commercial properties
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