During the next 15 years, Mountain View’s plans allow fewer than 8,000 housing units to be added within its city limits. Within the same time frame, more than 20,000 new jobs are expected to be created – an imbalance that’s sure to exacerbate the strains on a community where monthly rents on the newest one-bedroom apartments start at $3,400.
This problem isn’t unique to Mountain View: Almost every municipality in Silicon Valley wants to grab a share of the tech economy while pretending that the workers don’t need places to live.
via Mountain View stuck in past when it comes to housing policy – San Francisco Chronicle.