|
|
Issue: Housing
What We Heard
Redwood City is job rich, but housing poor
- Of Redwood City's 52,512 jobs, 9,720 are held by city residents
- 42,792 jobs are held by "in-commuters" - people who commute from outside Redwood City
- A large number of in-commuters leads to increased traffic congestion
- Redwood City has more in-commuters than any other city in San Mateo County.
RWC has not produced enough housing to accommodate its workforce
- In the last seven years, Redwood City only produced 19 percent of its housing need
- Only three Bay Area cities produced a lower percentage
- Redwood City produced the least housing of all Bay Area cities over 75,000 people
Based on job growth projections, San Mateo County will need to create 72,900 new housing units by 2025
The housing deficit in Redwood City leads to:
- Higher housing prices
- More traffic congestion
- A shortage of qualified teachers, nurses and public safety workers who live in the community
- A decreased level of disaster preparedness with emergency service workers and "first responders" living out of town
- Eventual loss of jobs and economic development as businesses struggle to retain workers
Redwood City Residents want:
- Higher density housing that will increase supply and affordability
- Housing near transit and jobs to reduce traffic impacts
- More senior-oriented housing so that Redwood City's older population will have incentive to downsize and open up the stock of single family homes
- Employers to offer a living wage that will make housing more affordable to the local workforce
- More affordable rental opportunities
- To educate potential homebuyers about the risks of owning a home
- A variety of housing types and densities. Not every Redwood City worker wants to live in a downtown condominium; many working families prefer single family homes
- Large corporations to share the burden of providing affordable housing to Redwood City's workforce
Other comments:
- Affordable housing is unlikely to be created unless below market rate housing is mandated by local governments
- 2,500 new housing units in downtown Redwood City is not nearly enough to satisfy the current housing deficit.
Return to previous page.
|
|