This is an extremely hot topic in Santa Cruz right now. Rents are incredibly high and the affordability index for purchasing is shrinking. Both these problems stem from low inventory (among other factors). It will be interesting to see what Santa Cruz County does in terms of increasing density and encouraging more housing while preserving the Santa Cruz way of life (if you live here, you know what I mean) .
To read the entire article, go to: http://www.santacruzsentinel.com/20150722/santa-cruz-county-housing-plan-brings-questions-support