Local housing advocates say most people still can’t afford to buy Bay Area properties.
Local housing advocates say they’re going to re-strategize after the $20 billion Bay Area affordable housing measure was removed from November's ballot. This comes just as the median home price in San Jose reaches $2 million. "You might have to settle for something you don’t quite like, but it’s something that you can afford," said Deepa Kurseja, a recent homeowner in the Bay Area.
"There are some areas in San Jose that are more expensive than Los Angeles or San Francisco. San Jose is a big city, there are multiple zip codes. It’s Silicon Valley, right there in the middle of everything," said Sharma. Deepa Kurseja says she bought her primary home in the Bay Area two years ago and says your first home doesn’t need to be your dream home. "Start small. Look for maybe a smaller space, a townhouse. Maybe a condo that you can afford," said Kurseja.
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