Housing & Cost of Living
The median household income on the Peninsula is $156,000 and people still can't afford to live here. That sounds like a high number until you look at what a one-bedroom actually costs. Teachers, nurses, firefighters, the people who keep this place running, are getting pushed out because we let housing turn into an investment vehicle instead of something people actually live in.
My family knows what this feels like. After I got fired from a major defense contractor for calling out fraud, we were (and still are) staring down the real possibility of losing everything. This is not some unique sob story; it is a reality for thousands of families on the Peninsula who are one bad month away from being gone.
We need federal incentives that actually build affordable housing, not luxury developments with a few affordable units slapped on so they can call it "mixed-income." We need real renter protections, including federal support for just-cause eviction standards and rent stabilization. And we need to go after the corporate landlords and institutional investors who are buying up housing stock to squeeze every dollar out of communities they will never set foot in.
This is not a market problem. It is a policy failure. And policy failures have policy solutions, if the people writing the policy actually know what it feels like to worry about keeping a roof over their kids' heads.