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The Rise of the Single-Family Home

The Daily

The New York Times

News, Daily News

4.597.8K Ratings

🗓️ 11 October 2022

⏱️ 34 minutes

🧾️ Download transcript

Summary

To tackle its critical shortage of affordable housing, California has taken aim at a central tenet of the American dream: the single-family home. Telling the story of one such property, in San Diego, can teach us about the larger housing crisis and how we might solve it.

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0:00.0

From the New York Times, I'm Sabrina Tavernici, and this is The Daily.

0:14.0

For years, California has been the place where the country's shortage of affordable housing

0:19.0

is at its worst. To tackle this problem, the state is now taking aim at one of the most

0:24.3

cherished features of American life, the single family home. Today, my colleague Connor

0:31.5

Dorety tells the story of one such home in San Diego and explains what it can teach us

0:37.6

about the larger housing crisis and how we might solve it.

0:44.6

It's Tuesday, October 11th.

1:02.9

So I'm an economics reporter at the Times, and I cover housing. Since the pandemic and

1:07.9

continuing through today, there's been a lot of discussion about how obscenely expensive

1:12.6

housing has gotten, even in a lot of cities like Spokane or Kansas City, where people have

1:18.0

expected the costs of living to be pretty low. And it kind of just makes me think of my

1:23.0

home state and where I live, California. California's housing market keeps breaking records

1:30.5

that have been. Housing affordability in California is at its lowest level in nearly

1:33.8

15 years. Here, the median home price is about $800,000, which is about twice the cost

1:39.8

of a house nationally. You need to make at least $300,000 a year to buy a home right now

1:46.4

in four of our Bay Area counties. To afford the rent, a person earning the minimum wage

1:51.6

here in California must work three jobs. California has some of the most overcrowded homes in

1:56.7

the country. Three, four families in a house meant for one. You drive through cities like San

2:02.1

Francisco and LA, and there are these block long homeless encampments across the sidewalks.

2:07.6

Nearly a quarter of homeless people in the entire United States live here in California.

2:13.0

The state is basically the most extreme example of this affordable housing crisis that is

2:17.3

now spreading everywhere. In a way, it sort of feels like the rest of the country is just

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