Full Citation

Title: Building A Housing Ladder: Lessons From, and For, Silicon Valley

Citation Type: Book, Section

Publication Year: 2018

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Abstract: At the Copake Iron Works Historic Site in upstate New York, a plaque carries an enduring lesson about what is now called affordable housing: “[T]his building is a two-family dwelling.… Multiple-family dwellings were less expensive to build and heat. In an era before the automobile, having employee housing near the work place was important to assure a reliable and available work force.”1 Today, the goal of encouraging affordable housing near jobs is more relevant than ever—especially for those parts of the U.S., such as Silicon Valley, where the economy is strong, inexpensive housing is scarce, commutes are long, and employers worry about their longterm ability to attract the workforce that they need. “We need homes that working families can afford,”2 says Carl Guardino, CEO of the Silicon Valley Leadership Group, which comprises nearly 400 area business leaders concerned about their firms’ ability to attract and retain workers of all types. Reducing the cost of housing in expensive regions requires a large increase in supply. But in most cities, regulations limit new construction to peripheral sprawl and downtown high-rises. In the . . .

Url: https://www.manhattan-institute.org/sites/default/files/MI_Urban_Policy_2018.pdf#page=89

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Authors: Husock, Howard

Editors: Bratton, William; Eide, Stephen; Goldsmith, Stephen; Hendriz, Michael; Husock, Howard; Miller, Judith; Murad, Jon; Renn, Aaron; Salins, Peter

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Volume Title: Urban Policy 2018

Publisher: Manhattan Institute

Publisher Location: New York, NY

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Data Collections: IPUMS USA

Topics: Housing and Segregation, Other

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