A Quote by London Breed
We need more housing in San Francisco, plain and simple, and we especially need more affordable housing for our low-income households, seniors, teachers, formerly homeless people, veterans, and middle-income residents.
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While it's absolutely important that we build housing for our low-income residents, when we are talking about opening up hundreds of sites for housing, we should be trying to build affordable housing for all of our residents struggling to pay rent. That means housing for teachers, for nurses, for janitors.
The standard of 'affordable' housing is that which costs roughly 30 percent or less of a family's income. Because of rising housing costs and stagnant wages, slightly more than half of all poor renting families in the country spend more than 50 percent of their income on housing costs, and at least one in four spends more than 70 percent.
Low income persons in need of social housing should be housed in more prosperous areas to avoid placing an extra burden on the poorer areas and to redress the balance in terms of housing, redressing the balance in terms of schooling.
We need housing for people who are exiting homelessness, and need to make sure we're providing housing at multiple levels of care so people can get the services they need to permanently exit homelessness and make their home in San Francisco.
I think housing is not a simple commodity because we are so in short supply of land. So the government has a role to play in providing housing - decent housing and affordable housing - for the people of Hong Kong.
The increase in inequality in income is a longtime trend, but the pressure on middle- and low-income workers is going up rapidly. Especially if they live in an area where there are high housing and gas prices, like California.
In general, more affordable housing correlates with lower income inequality.
Income is now more concentrated in the hands of the rich. Those well-off households tend to save and invest higher proportions of their earnings than middle-class or low-income families do.
When regulations on the housing industry are reasonable, the cost of housing goes down. Regulatory relief is needed to make housing more affordable to more Americans.
Most Americans think that the typical low - income family lives in public housing or gets housing assistance. The opposite is true.
While it won't solve all the world's ills - and ideas such as a rent cap and more social housing are necessary in places where housing is scarce - a basic income would work like venture capital for the people.
The College Access and Opportunity Act addresses the important need to make higher education more affordable and easier to access for low and middle-income students.
I have the ability and the will to lead San Francisco in building more housing. Without it, people like me who grew up in San Francisco, and people who came here for the values we embrace will simply not be able to stay.
Going in and out of a proverbial 'poor door' - a separate entrance for income-restricted residents of mixed-income housing - of your city every day has its costs, even if the 'poor door' woman would be considered affluent in another location.
I understand some San Diegans may fear homeless programs and affordable housing coming to their community. But we can't let fear control our actions.
Housing has always been a key to Great Resets. During the Great Depression and New Deal, the federal government created a new system of housing finance to usher in the era of suburbanization. We need an even more radical shift in housing today. Housing has consumed too much of our economic resources and distorted the economy. It has trapped people who are underwater on their mortgages or can't sell their homes. And in doing so has left the labor market unable to flexibly adjust to new economic realities.
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