Google Project Would Do Little To Help Housing
The headline on your Dec. 14 article touting Google’s proposed Mountain View project as “one of the Bay Area’s largest residential projects in history” is incredibly misleading.
While the project may create “as many as” 7,000 living units, it would also create well over 20,000 additional jobs. In other words, the project would make Silicon Valley’s housing shortage considerably worse. Further, while it is likely that most of the office space would be built in the short term, much of the housing – which consists solely of high-rise apartments – might not be built for decades.
The article is certainly a nice marketing piece for Google and the developers, but it is woefully lacking in objective analysis of the project and perpetuates the illusion that Silicon Valley government and corporations are taking meaningful action to address the region’s critical jobs/housing imbalance.
Let's give Mr. Leask credit for having penetrated the myth that building more housing, per se, is the way to solving our housing crisis. In fact, as he points out, when we contemplate the housing crisis that is afflicting us, housing "supply" is only one factor we need to consider. Housing "demand," actually, is even more important.