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SLO Ranked 5th Most Unaffordable Place In America

SLO Ranked 5th Most Unaffordable Place in America

To many, it’s no surprise that SLO is expensive, however over time we’ve managed to become the 5th most unaffordable place in America. That was the determination by a nationwide study done by RealtyTrac/ATTOM Data Solutions where they compared the percentage of average wages required to buy a median priced home. In San Luis Obispo County they found that 91.2% of average household wages are needed to become a homeowner.

Heidi believes this is unacceptable and has a plan to turn the trend around. She will stand up to Cal Poly administration and demand that a significant amount of on-campus housing be built at an expedited pace, alleviating the excess demand on our housing market. She would also like to explore the possibility of Cuesta College building student housing to further bring down demand. Additionally, Heidi will also work to pass an innovative housing ordinance permitting the construction of small, modest homes and “tiny homes”. She believes we need these creative housing solutions for families, young professionals, and retirees to build neighborhoods we want to come home to, while protecting our city’s character and open space.

It’s time for new leadership to solve this problem.

Click here to read more about the RealtyTrac/ATTOM Data Solutions study.

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