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2.2 HOUSING RELATED QUESTIONS 2.2.1 Housing Challenges in Pleasanton Survey Question 4: Of the following options, which concepts reflect the main housing challenges in Pleasanton? (Choose all that apply.) Answered: 6? i Slipped: l This survey question asked respondents to select the main housing challenges in Pleasanton. Respondents could also indicate an "Other" option and provide an open-ended response. Most respondents agreed that the two main housing challenges in Pleasanton were related to the high cost of housing (Cost -burdened (housing costs that exceed 30% of household income) (54.75%), and lack of housing that is affordable to homebuyers and renters (53.95°/x)). This is consistent with recent community data that has recently indicated the following: Home prices are higher in Pleasanton than in the county. Households must earn about $226,080 (at least 180% of AMI) to be able to afford to buy a home in Pleasanton. A household must earn about $125,600 (100% of AMI) to be able to afford market rent in Pleasanton. Almost 24% of Pleasanton homeowners are cost burdened, meaning they spend 30% or more of gross income on housing costs, while almost 44% of renters are cost burdened. Additionally, 21 % of renters spend 50% or more of their income on housing, compared to about 10% of homeowners. Pleasanton has a lower proportion of cost -burdened households compared to the county. The remaining concerns listed (overcrowding, proximity to employment/job centers, proximity to transportation, and availability of housing that doesn't meet respondent's needs) were relatively evenly split, with those items indicated by between 11 % and 17% of respondents. Many respondents (123) indicated "Other" as a response and were allowed to write in an open response, which has been aggregated to the degree possible to understand the most common themes and ideas. Among the open-ended responses, the two most common themes in responses were the concern with available water for additional housing in Pleasanton (28 mentions) as well as the impact additional housing will have on schools (13 mentions). ME CITY Q! PLEASANT