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The 2018 median home price in Silicon Valley was $1.18 million, a 21% increase from 2017. [3] Almost 90% of low income renters in the San Jose-Sunnyvale-Santa Clara metro area were cost burdened in 2017, meaning they spent more than 30% of their income on housing. [4] Over a third of mid-income renters were cost burdened as well.
However, many public housing corporations still offer a variety of buildings and communities ranging from individual houses to townhouse communities and mid-rise and high-rise apartments in both working-class and middle-class neighborhoods that house a significant number of low-income Canadians.
In the United States [17] and Canada, [18] a commonly accepted guideline for housing affordability is a housing cost, including utilities, that does not exceed 30% of a household's gross income. [19] Some definitions include maintenance costs as part of housing costs. [20]
The Jungle (San Jose) Coordinates: 37°19′39″N 121°51′45″W. Dwellings in The Jungle in October 2014. The Jungle was a large homeless encampment located in San Jose, California. [1] It was located off Story Road and along Coyote Creek, in an area called Coyote Meadow, and consisted of various makeshift dwellings, shacks, tree houses and ...
To qualify for low-income housing in San Francisco county, a four-person household can make as much as $117,400 a year. San Francisco is so expensive that households making over $100,000 a year ...
: 14,16 In San Francisco, a minimum wage worker would have to work approximately 4.7 full-time jobs to be able to spend less than 30% of their income on renting a two-bedroom apartment. San Francisco has several thousand homeless people, despite extensive efforts by city government to address the issue.
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