Sacramento's Revival: Housing & Small Businesses
Venice Beach News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Downtown Sacramento businesses like Coffee Shop Barrio are struggling to recover from the pandemic, with low customer traffic due to high living costs. State leaders are addressing this by turning empty buildings into a Sacramento State University campus with affordable housing, funded by Metas fifty million dollar donation. Local residents and workers face skyrocketing rents and home prices, with even new developments being too expensive for most. Californias massive housing shortage, estimated between eight hundred thousand and three million units, is exacerbated by remote work emptying downtown offices. Governor Newsom and Los Angeles are converting unused state buildings and office spaces into homes to revive local economies. Coffee Shop Barrio owner Andrea Martinez hopes for more support to help small businesses thrive alongside better housing options.
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