Life and Times of Alex Esguerra — Equal Opportunity Housing

Nowadays, Fighting for Housing in America is a pandemic plaque in the modern technology era

Posted by noreply@blogger.com (Alex Esguerra) on

With the onset of the tech boom, today's lifestyle focus on apps, smart devices and lights, siri, social media practically on automation. An presidential election coming, absurd political parties bickering with candidates laying on platforms. Yet in the America, the richest and greatest country on earth thrives two of the worst problems typical in a 3rd world country - Homelessness and Access to Affordable Housing. 


In 1998, when the  tech boom started and the markets crash, one of the reasons I founded, ADLE International was focus on continuing my outreach for people with low income, the elderly, the disabled, the marginalized youth, veterans and societies most vulnerable to disparity, discrimination and inequality due to having limited financial means and resources. Two decades after I can't just tell myself I can't believe  the problem is still here and for all you know has gotten worst.

Part of the culprit lies on the severe income brackets of the so called rich, very rich and low income nowadays extreme poverty level. The State Medical and Medicaid systems for example classify lower income needing extra help if monthly personal cash reserves are below $2000 in San Francisco, CA when even an SRO (Standing Room Only aka Single Room Occupancy) in it's poor Tenderloin neighborhood range from $800 to $1300 and a typical Studio cost $1400 to $2,000 a month. It does not do the math as if you held $2001 anticipating just your rent, your no longer qualify for extra help and Medical/Medicaid might even cancel your enrollment.

The biggest challenge on top of this complication is if you just move to the city of San Francisco, there are no low income housing unless you want to go on to this massive wait list on the properties considered low income and affordable from 9 months to 5 years. If you have a parent on SSI (Social Security Income) that can no longer live alone and needs assisted living do the math = $900/month income and a typical shared assisted living which 95% only accepts private pay require $5000/month the cheapest shared room. Hence, is why part of the homeless population in the city are the vulnerable very elderly and even veterans who serve as there is no housing!

So when we were listing a book on our website today I said I have to write a blog even though it's been a while I haven't done one. Golden Gates: Fighting for Housing in America
Conor Dougherty (Author) I believe made a good case presentation on this book  as he writes. "A stunning, deeply reported investigation into the housing crisis

Spacious and affordable homes used to be the hallmark of American prosperity. Today, however, punishing rents and the increasingly prohibitive cost of ownership have turned housing into the foremost symbol of inequality and an economy gone wrong. Nowhere is this more visible than in the San Francisco Bay Area, where fleets of private buses ferry software engineers past the tarp-and-plywood shanties where the homeless make their homes. The adage that California is a glimpse of the nation's future has become a cautionary tale."

Indeed San Francisco has won the title of the most expensive city in the West and at times now have gone over New York becoming the most expensive city in the US. Oracle's OOW - Oracle Oracle Openworld Conference one of the biggest technology conferences in the last decade and a half this year finally left San Francisco to Las Vegas losing millions of tourist revenues for the city. Some of the conference attendee feedback received were of the so exuberant high cost of hotel rooms, the city has gotten dirty and a resounding majority stated homelessness. The cities Moscone Center perimeter for the yearly event has the various surrounding hotels in the union square shopping center as well the tenderloin neighborhood where the cities homeless are visible.

Dr. Sonja Trauss story in the book is the exact case scenarios by so many people living in the San Francisco Bay area. I really recommend spending some time reading this book so you can get a real store glimpse of why?





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A Review on The Color of Law by Richard Rothstein

Posted by Alexander Esguerra on

The Color of Law by Richard Rothstein is a great read bestseller. Living between the Pacific Northwest and San Francisco, I can truly relate when the book started with the state of residential racial segregation in San Francisco, CA.
A good example is that San Francisco nowadays has outlived New York and any major metropolitan city as the highest cost of living as well as one of the highest in rent and home purchase. Thus a good example is the Ellis Act. 
The “Ellis Act” is a state law which says that landlords have the unconditional right to evict tenants to “go out of business.” For an Ellis eviction, the landlord must remove all of the units in the building from the rental market, i.e., the landlord must evict all the tenants and cannot single out one tenant (for example, with low rent) and/or remove just one unit out of several from the rental market In the Color of Law as mentioned in the book, it is concerned with consistent government policy that was employed in the mid-twentieth century to enforce residential racial segregation. Hence that was a time that African Americans and Whites cannot live in the same building. Thus San Francisco for example is where the Rev. Cecil Williams founded the Glide Memorial United Methodist Church coinciding with the  the Martin Luther King and Rosa Parks  era and revolution. 
 
From zoning ordinances to public housing as discussed in the book, there's still a huge segregation and thus the disconnect. The book has several number of pages solely on Frequently Asked Questions. From author, Ta-Nehisi Coates says he would pay reparations to African Americans to the author's notes citing his stint with the Economic Policy Institute in developing The Color of Law. This book is indeed a great read on the topic and from the last I've heard, the publisher is now printing additional copies due to demand.
 
I would end he topic again in an affordable housing program called Below Market Rate, In this program developers that build skyscrapers and multi development condominiums for example are required to dedicate and unit or building which can be sold a Below Market Rates. This is a great program to be able to purchase a property if your in the low to medium income bracket and do not have much cash to put in towards the purchase. The sad reality is that the lenders or banks in this program themselves sometimes get listed as accredited but when to contact them they will state they are not with the program. Worst scenario is that even with such programs, there's still no way to raise a 10-15% downpayment and closing cost just to get a home mortgage.
 
When you get to finally read this book, you'll better understand what the inequalities are specifically on housing.

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