Cupertino is a city with an acute housing crisis. The town’s rapid growth over the past two decades has led to skyrocketing home prices and a shortage of affordable rentals. As a result, many high-tech workers have been forced to leave for places like San Francisco or New York City.
But what if we could make housing and Design And Build Cupertino more affordable for both techies and non-techies? Cupertino could do this by designing homes that are specifically built to help new residents get established quickly. That’s the idea behind the shared home design — and it could be exactly what the city needs right now.
What Is Shared Home Design?
Shared home design is a type of community rental housing, designed by professional Construction Company Mountain View where a group of people, generally of a similar socioeconomic status, live together in a single unit. These units are generally either privately owned or owned by a non-profit community housing organization.
The idea behind the shared home design is to create a more equitable community by sharing a home among multiple unrelated people. Because the home is owned by a non-profit community housing organization, residents have a say in its management and maintenance and have a stronger voice in the community.
Why Does Shared Housing Matter?
There are a few good reasons why every Home Remodeler Cupertino should be looking at ways to make shared housing a reality. First and foremost, housing affordability is a serious issue in the Bay Area. One of the latest studies by Home Union ranked the Bay Area as the fourth most expensive housing market in the world, with a median home price of over $1.2 million.
This means that many people in the Bay Area are caught in a vicious cycle. They are forced to move to lower-cost communities to afford affordable housing and are forced to move even further if they want to find a better job. In other words, there is a huge mismatch between where people live and where they work.
Secondly, shared housing can help solve the problem of affordability between techies and non-techies, two groups that often find themselves on opposite ends of the income spectrum. Let’s say that someone working in tech makes $100,000 per year. What if they want to move to Cupertino, but they don’t want to leave behind all the amenities they’re used to in their current city?
How Do We Achieve Shared Housing?
There are several ways Design And Build Firms In Sunnyvale can enact shared home design in Cupertino. However, the most effective approach would be to design a program that is open to all residents. The first step is to make sure that there is a large enough supply of affordable units that meet the needs of low- and middle-income residents.
This is done by expanding the city’s affordable housing pipeline — active efforts to build new affordable units and encourage more people of all income levels to invest in affordable housing. The second step is to make sure that the existing affordable units are well maintained. Once again, this can be done by expanding the city’s affordable housing pipeline.