When people say housing is “unaffordable” they don’t mean literally no one can afford it. Obviously there is a lot of demand for housing and some people are willing to pay quite a lot for it.
> We have exactly one original owner in the neighborhood
This is not a good thing. Having whole extended families get priced out of a large region and only the wealthy or well-paid professionals able to move in, so that people performing all manner of support jobs need to commute from further and further away and live more and more precarious lives, is inefficient, socially/environmentally destructive, and makes the place less pleasant for everyone to live in.
The whole Bay Area would benefit from housing prices coming down quite a bit after building a whole lot more housing units and transit.
> We have exactly one original owner in the neighborhood
This is not a good thing. Having whole extended families get priced out of a large region and only the wealthy or well-paid professionals able to move in, so that people performing all manner of support jobs need to commute from further and further away and live more and more precarious lives, is inefficient, socially/environmentally destructive, and makes the place less pleasant for everyone to live in.
The whole Bay Area would benefit from housing prices coming down quite a bit after building a whole lot more housing units and transit.