Forget San Francisco: rising tech hubs across the US offer affordable housing for software engineers. Cities like Austin, Raleigh, and Salt Lake City are emerging as attractive alternatives amid soaring Bay Area costs.
Browsing: affordable housing
A 2020 New York Times article reveals why building affordable housing in San Francisco costs $750,000 per unit. Factors include high land prices, strict regulations, and labor expenses driving up costs.
Eleven major US cities are seeing a notable drop in home and apartment prices, making housing more affordable. This shift offers relief to buyers and renters amid a turbulent real estate market, according to Business Insider.
San Francisco and Daly City launched teacher housing projects simultaneously. As of now, only Daly City’s development has opened, highlighting disparities in project timelines and progress between the two neighboring cities.