There is a stack of applications for the Palo Alto dept that is surely a foot high...supply and demand says most of the positions are plenty acceptable to a huge backlog of applicants
I understand rents being high because of the cost of housing in general - it costs a great deal of money to pay the property taxes alone.
Let's face it - Palo Alto is a wondrous city. So many great things come out of this area because it's chock full of talent in so many areas - from software developers to financial investors, medical researchers, inventors, lawyers, etc. There's a reason why the cost of housing is high: many people want to live here, and living here affords all kinds of opportunity and inspiration.
But it does need to be managed. Pricing out talented individuals is bad for the future. Families should be able to move into the area to work important jobs at local businesses.
I have several children, and it's a struggle to get by in the area, let alone save for the future. I see so many people that work non-stop in great jobs that are barely making it. The cost of housing is such that it's affordable for people with multiple high incomes and that's just about it.
Many local businesses don't look good, and it's no wonder. How can they possibly bring in workers at retail wages? My neighborhood is full of people sleeping in their cars every day who work at local restaurants. At first I was completely wierded out by the phenomenon, but at this point I understand. They are just trying to get by, and can't drive in during rush hour to prepare for the dinner shift, so they do what they have to do.
The cost of housing in this area is great for some, but it affects the quality of life of many residents and many people who come to the area to work. Palo Alto needs to expand the availability of affordable housing in order to sustain itself.
Other communities have found solutions. In Huntington Beach we had Median Income Housing developed with caps on pricing. There are large facilities in town that look to be unoccupied or sparsely occupied. Surely there is room for high density housing like apartments or condos. Even a hundred units would make a difference and help drive sustainability.
My 2 cents.
I'm certainly not arguing that Palo Alto or areas around it don't have serious pricing problems caused by policy that restricts growth. I rent in San Mateo (can't afford to buy) and am very frustrated that houses typically cost $1M or more (outside of what I consider affordable, on a dual-professional income, very similar to yours).
Based on your response what I am hearing is that you're angry. That's fine, but you're lashing out. For example, you just attacked me, while I provided a data-driven argument that your $150K argument was simply false. It's based, apparently, on your insistence that you must buy, rather than rent. Renting is currently much more affordable than buying in the Bay Area.
As for whether the support staff for a city should be able to afford to live in the city they support, that's another argument. I personally do not see any requirement that a city provides affordable housing to its support staff, especially in the form of purchased housing. That would be a major policy change that would have enormous impact.
Again, my only beef is on the $150K quote from your interview (and your requirements for "walkable to downtown" and "kids can bike on the street"). I think your argument would be much stronger if you backed off on that, and cited a more reasonable compromise (living 30 minutes from PA).
Now you're saying that it was fine for the American dream for boomers to involve home ownership but if a Millennial wants the same benefits then they're "entitled" and "insisting"?
The absurd cost of housing in this country and the declining rates of homeownership are directly tied to the massive divergence we're seeing between rich and poor in this country and the shrinking middle class. https://www.washingtonpost.com/news/wonk/wp/2015/03/19/meet-...
Anyway, with regards to home ownership: I'm personally of the belief that home ownership has been massively oversold as a benefit. I've been in the Bay Area for 25 years, from undergrad to staff engineer at an internet firm. Over the various dot-booms and dot-busts, I saw people moving further from the Bay Area and taking on insane commutes due to the desire to own homes. For example, many Stanford employees purchased in Tracy(!), then experienced massive financial failures when that area depreciated.
I'd like to see Prop 13 die in a fire. Unlikely to ever happen.
So, as you say, you're moving out of Palo Alto because the costs to buy there are too high. However, Santa Cruz isn't particularly cheap nor is it significantly cheaper than my own area, San Mateo, which has a 20 minute commute to Palo Alto.
If you had just said, "$90K/year in an area 30 minute commute to PA", I wouldn't have complained at all. The problem here is insisting on living directly in PA weakens the argument (it's specious) because there is no specific reason for a person to have to live in PA. There are more affordable communities around within 30 minutes commute. I feel like you're insisting that people who support a community must live (and own) in that city. I don't think that's a rational requiment.
Again, none of my argument is based on the systemic issues in the Bay Area (or anywhere with a booming economy and a large number of well-capitalized buyers), which I freely admit is a problem.
I would be on suicide watch if I had to take 17 every day. It is beyond awful and every day there is some lane-closing accident etc. The State will discourage more coastal development: 17 will never be improved...to do so would mean more development in precisely the areas the State wants to protect....coast and redwood forests
Edit: I decided to check, and there is one place in Palo Alto right now with 4 bedrooms at that price https://sfbay.craigslist.org/search/pen/apa?nh=83&max_price=...
From personal experience, as someone who was priced out of Palo Alto this year, it is rare to see a place at that price point in Palo Alto proper, and they tend to be quite run down. The one place available right now is actually in a good location and doesn't look too bad inside, so that's not a bad deal for the location.
On the other hand, you can get a great place in Seattle with views for over $1000 cheaper: https://seattle.craigslist.org/see/apa/5723972635.html
[EDIT: I had incorrectly filtered my search. The price break is at $6K for a 4 bedroom (at least 4 units) not $5K. However, that is still well under half of the quoted value of $150K for a house purchase).
I have yet to see anything pop up other than where I currently live. It was available for all of three hours.
The upside is that if I were to leave the area, I would be able to provide my landlord with acceptable tenants quickly.
I don't think her math adds up. She's just insisting that she has to buy, and it has to be in Palo Alto. Neither of those are truly requirements for her, so the $150K quote is specious.
EDIT: I acknowledge $5k is not realistic in PA. 6k is, however.