Foundations Part 4 - Ownership Opportunity
WHAT WOULD AN AFFORDABLE FUTURE LOOK LIKE?
If we can talk to each other earnestly and without contempt, and we have a grasp on how to restore our climate, then the path to “A future where anyone who wants to own a home can buy a home” becomes pleasantly possible.
The inquiry then becomes: what would such a “South Bay City” look like? What are the considerations that would shape it? Economically, we understand prices are always at the equilibrium point of supply and demand: what are the contributing factors to supply? To demand? What are the methods and tools that could help us manage these factors?
For the Assessor’s Office, successfully facilitating this inquiry into an affordable future for the South Bay would mean new construction, assessments, and revenues for Santa Clara County. Though more importantly, any resultant assessment would mean that our friends and neighbors would finally be able to achieve OWNING THE AMERICAN DREAM.