Escondido's median home price has risen 68% since 2019 while median household income grew only 12%. Rental vacancy rates are below 2%, and over 4,200 households spend more than 50% of their income on housing. The city has approved multiple luxury developments while affordable housing production has stalled. Meanwhile, developers who benefit from city approvals contribute to council campaigns, creating a perception that housing policy favors profit over people.
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