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#housing

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"Economic inequality has reached a staggering milestone in Silicon Valley: just nine households hold 15% of the region’s wealth, according to new research from San Jose State University. A mere 0.1% of residents hold 71% of the tech hub’s wealth.

The findings come from the 2025 “Silicon Valley Pain Index”, a report published by SJSU’s Human Rights Institute each year since 2020. The report aims to quantify “structured inequalities” in Silicon Valley, and measures “pain” as “both personal and community distress or suffering”.

This year’s index reports that the wealth divide has widened in Silicon Valley at double the rate of the whole United States over the past decade. The nine wealthiest households in the valley control $683.2bn – a $136bn increase over the past year.

At the same time, 110,000 households reported nearly none or no assets.

The cost of living in Silicon Valley has risen as well: renters must earn $136,532 to afford an apartment – the highest in the nation.

The report ranked San Jose No 4 in “impossibly unaffordable” cities worldwide (after Hong Kong, Sydney and Vancouver). Yet, no cities in Silicon Valley have raised the minimum wage in the past three years. The report finds that 54,582 low-income households do not have access to an affordable home in San Jose and that homelessness grew 8.2% from 2023."

theguardian.com/us-news/2025/j

The Guardian · Nine households control 15% of wealth in Silicon Valley as inequality widensAv Cecilia Nowell

The crazy 'left wing city' of San Francisco just made staying in your RV in the city in one spot for more than 24 hours illegal. Only one supervisor voted against it.

And defunding or reforming the cops? Not with an increase of $27 million in additional funds.

missionlocal.org/2025/07/s-f-s

Mission Local · S.F. supervisors approve Mayor Lurie’s budget, alongside controversial proposalsAv Marina Newman

"Federal housing officials spent years investigating cities from Chicago to Memphis to Corpus Christi for putting industrial plants and unwanted facilities in poor, nonwhite neighborhoods."

"Now, under Trump, the agency plans to drop the cases."

propublica.org/article/trump-h?

ProPublicaTrump Administration Prepares to Drop Seven Major Housing Discrimination Cases
Mer fra ProPublica

wilder.vcu.edu/news-and-events “When asked which issue would most influence their vote in the upcoming election, 28% of voters identified the rising cost of living, followed by women’s reproductive rights (14%) and immigration (14%).” #Virginia #housing #inflation #USPolitics

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