A community housing project in San Diego’s East Village. Courtesy San Diego Community Housing Corporation The median home price in San Diego was $949,900 in February 2024, 128% more expensive than the national average. At the same time, the median household income in San Diego is about $89,457 a year and San Diegans aged 25 to 44 earn an average of $98,194 annually. This means the dream of homeownership is inaccessible for an average middle-income, young family in San Diego. Instead of relaxing regulations to spur the housing supply, elected officials in San Diego have rolled out a taxpayer-funded assistance program to support first-time homebuyers. Sadly, the program is designed b
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