In the US’s most expensive housing market, Stanford says no to affordable housing

Stanford University is fighting with local officials over whether its expansion plans include enough affordable housing, one of the most controversial issues in Silicon Valley. The college is suing Santa Clara County over a law that requires a certain amount of every new housing development to be priced lower than prevailing market rates, according to the Wall Street Journal. Stanford has proposed constructing up to 2.275 million square feet of new academic buildings over 17 […]

from The Real Deal New York http://bit.ly/2P9u3Vj

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