I don't understand this new mentality that "Gentrification is a problem," companies and wealthier people moving in makes everyone in the area more wealthy. The problem of affordable housing has less to do with those companies moving in and more to do with local real estate monopolies that lobby against rezoning for residential and expanding building permits. That's basically the bay area in a nutshell. People complain about the lack of affordable housing, yet building new residential areas is a tapestry of red tape. And let's face it, that's largely to protect real estate investors that don't want prices to come down.
I would like to see bigger companies that move new offices to areas to use their weight to push for more housing developments and permits as part of their local agreements. I think that would go a long way (though still short) in helping the situation.
I would like to see bigger companies that move new offices to areas to use their weight to push for more housing developments and permits as part of their local agreements. I think that would go a long way (though still short) in helping the situation.