Housing Is Key to Bay Area's Economic Future, Study Finds

Rising rents and stagnant incomes are straining household budgets and stifling opportunity in the nine-county Bay Area, jeopardizing the region's diversity, growth, and future prosperity, a report developed by the Bay Area Equity Atlas finds.

Developed through a partnership between PolicyLink, the San Francisco Foundation, and the Program for Environmental and Regional Equity at the University of Southern California, the report, Solving the Housing Crisis Is Key to Inclusive Prosperity in the Bay Area, found that housing in the Bay Area is the regional economy's Achilles' heel. Although the effects of the housing crisis are far-reaching, they affect low-income communities of color first and hardest, exacerbating longstanding racial inequities in the region.

more iot news