The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Monday, November 14, 2016
Life To the South of Us: California Cities Confront Housing Crisis
In a NY Times article, Google's hometown of Mountain View and its housing crisis is explored. According to the article, "Everyone [in California] knows housing costs are unsustainable and unfair, and that
they pose a threat to the state’s economy. Yet every city seems to be
counting on its neighbors to step up and fix it." Interestingly, instead of adding more housing for the thousands of workers at Google and Facebook, the mayor calls the pace of job growth there "unhealthy." Read more.
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