Gentry liberals are opposed to building more apartments, condos and other forms of high density housing. Look for Palo Alto’s severe housing crisis to get even worse.
A housing subsidy is a stop-gap, not a true solution. Until more affordable housing is built, Palto Alto will remain known as the city of spanking expensive homes almost no one can afford to buy, let alone to reside in.
And its hardly unique to Silicon Valley.
Yup, super liberal places like Palo Alto are also the most expensive to live in because of severe building and zoning codes. But then if you’d just paid $3 million for a three bedroom Palo Alto tract house, would you want a five story apartment building filled with low-income families next door?