The California Foundation For Commerce And Education Essay

The documentary San Francisco 2.0 examines how San Francisco city officials have given tax breaks to the Silicon Valley tech industry to move to San Francisco. These new techs companies have brought in a lot of wealth to the city, but at a cost. The majority of the low-income natives are being evicted or having their rents raised so high that they can't afford them. The gentrification of the city has impacted low-income districts (for example, the mission district known for its Latin immigrants) that the residents and the culture are being displaced. I believe the documentary is important for the study of the issue of gentrification because San Fransisco was known for being-counter culture, caring for the arts and for civil progress. The housing

Housing is one of the most pressing issues facing communities today. It effects practically all demographics, especially students, minorities, and low-income workers. College towns are often face the toughest challenges, with many students experiencing an extremely high cost of living. Without a detailed housing plan drafted by community members there is no chance of improving the conditions of housing or their related expenditures. So, what should be done about housing in college towns? How can we hope to provide for a municipality’s citizens while keeping costs down? Can neighboring institutions and cities assist or should they give communities the autonomy to improve themselves? The answers, I hope, will be found within the rest of this essay.

The Los Angeles County Board has allocated $25 million dollars to spend on new programs that promote social justice. I have developed a proposal to allocate the money to create affordable housing complexes in communities within the city. The communities selected for housing developments are Boyle Heights, Watts, Chinatown, Pico-Union and Elysian Park. The proposal includes spending all $25 million in five developments of affordable housing. Each housing development will have twenty five 2-bedroom apartments. A total of one hundred low income families will benefit in total. My proposal includes asking each family to pay a monthly rent of 1/4 of their monthly earnings. The monthly rent collected from tenants can be used to maintain the developments,

Many advocates and policymakers of housing for the poor believe that to achieve optimal human development of low-income households the location of the housing must be considered as well as the quality of the housing unit (Newman, 2008).

When the recession happened, and the housing market crashed in Los Angeles a few years back many people lost their homes. The foreclosure crisis displaced many homeowners, drove up demand, and rental prices increased. Now, it is almost two years later, and the dramatic rent increases continue to soar. There would be no issue with cost of living increase except; the increases in income have yet to make the same shifts. “In many cities, rent is rising out reach of

When looking at the economics within City Heights East it is 17% lower than the San Diego average for the cost of living. Yet it is 12% higher for the cost of living than the National average. Living anywhere in San Diego is going to be expensive when comparing it to the national average because we live where people vacation. Yet it is relatively cheap to live here when comparing it to the San Diego average. With this comes crime and other aspects of lower poverty level neighborhoods.

The Lack of Affordable Housing in California Lowers the Quality of Life for its Residents

What is known about the dearth of inexpensive living spaces in high-cost, heavy populated areas is its scarcity is a function of supply. Demand remains a non-issue for policy makers as demand has

The Public Policy Institute states that Section 8 project-based rental assistance contracts involving HUD and for-profit owners contracting private multifamily housing, which is made available by HUD to low-income households who qualify for housing assistance. The subsidy is such that pays the difference "between 30 percent of the household's income and the contract rent; the subsidy is paid by HUD to the landlord." (AARP Public Policy Institute, 2002) In addition, HUD has Dispersal programs for renters of Section 8 housing due to the desire of the public to avoid to concentration of poverty-level residents in urban areas. This is because there is a general consensus that Section 8 subsidized housing tends to drive down the market prices of property in the same area. There are various challenges that are faced by the Section 8 subsidized housing program as it assists low-income households obtain appropriate housing through the provision of rental assistance.

“I took a trip to Oakland, California and fell in love with the area. We stayed at an Air B&B for the three days of our stay and the house was absolutely beautiful, it looked like my dream home. Despite all the glitz and glamour around us we noticed a large amount of homelessness compared to Columbus. We found out that this property is not someone’s home but a house used strictly as an Air B&B. When you hear something like that and see the amount of homelessness it makes you wonder how many of these homes are strictly for show? So after researching I found out, the reason for the rampant homelessness can be attributed to large increases in rent. Even worse, the cause for the increase is due to Silicon Valley” (Kasongo, 2017). Unfortunately, rent increasing virtually overnight is the reality of many low-income families. This situation is called gentrification and is felt throughout the world, from the Midwest, East coast or even Western Europe, no region is immune to this process. Gentrification in the Midwest is extensive and wide causing the displacement of many low-income minority residents which can lead to even bigger issues.

Article 25 of the Universal Declaration of Human Rights asserts that housing is a fundamental component to a decent standard of living, yet few city governments--even in the most developed economies--have proven themselves capable of ensuring such a basic right to their constituents (United Nations, General Assembly). Ranked 49th among the 50 U.S. states for its number of housing units per capita, California has notoriously struggled with chronic shortages in its urban housing market. With 118,142 homeless people recorded in 2016, California holds almost 22% of the nation’s homeless population (Fact Sheet: Homelessness in California 1).

Adding to the inequalities and misfortunes within communities of color, gentrification has taken the Bay Area by a storm. Gentrification is the purchasing of deteriorated urban homes and areas, then the renovation by higher-end and middle class communities. An abundance of high-end people rush into the Bay Area and purchase up the real estate. Incoming middle and higher class take the Bay Area real estate and revitalise it into up-and-coming neighborhoods, then increase rent prices. Therefore, reducing affordable housing for communities of color. Therefore, this revitalization is changing the character of communities because the Bay Area may appear nicer, the communities of color are unable to afford the standard of living. Communities of

We looked at a variety of ways to help alleviate this cost. Since one of the main issues causing high living costs in the Bay Area is shortage of housing one of the possible solutions could be building more housing. Possible problems here are that San Francisco itself is not too big of a city and in most cities of this type in the world the population density is increased by building tall buildings –

Two economic factors affect supply in a stable housing market, price of related goods or similar houses, and the price of the good, best represented by style or size in the case of the housing market. The affluence of a community typically determines how much homes sell for in those communities, and therefore communities where a lot of people want to live become areas where average home prices are high. (Kumar, 1) There is little space in these affluent communities, and therefore little supply. A good example is New York City, where no homes are available, only apartment buildings, and very few apartments are actively exchanged each year.

Gentrification is a problem that is occurring in many communities. The city of Boyle Heights in East Los Angeles is one of the communities that the citizens of the community are notice new apartments build, galleries owner by rich people, and high prices for apartment the people are not able to afford to live there. Because the renewal of neighborhood environments that transform and attract middle and upper-class households and investors, creating problems for those who cannot afford rises of rents. According to O’Regan, “some of the biggest concerns about gentrification-potential displacement and increased rent burdens-are driven by rent or housing cost increases” (152). The only way to