New Report Recommends a Regional Solution to S.F.'s Affordability Crisis

Could Silicon Valley play a key role in alleviating San Francisco's growing affordability crisis? That's among the suggestions put forth in a new report from SPUR that outlines specific ways that San Jose could attract young professionals.

"Much of the blame for San Francisco’s affordability crisis gets heaped on Silicon Valley’s tech giants and their workers," writes James Temple. "But part of the solution could lie in heart of the region as well, according to a report that SPUR will release on Thursday."

"Specifically, the urban planning organization argues that embracing smarter development patterns in San Jose could lure more young tech workers there, relieving the housing and pricing pressures now disproportionately squeezing San Francisco," he continues. "The report sets forth specific principles for San Jose, which was largely laid out in the car-centric post-war era, to create more walkable, sustainable and livable neighborhoods. But the broader message is applicable for cities throughout the Bay Area — and particularly up and down the 101."

“Silicon Valley, the most dynamic and innovative economic engine in the world, is not creating great urban places,” the report states. “Having grown around the automobile, the valley consists largely of low-slung office parks, surface parking and suburban tract homes. But tastes and values are moving away from strictly suburban lifestyles.

Full Story: Could the key to SF’s affordability crisis lie 50 miles south?


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