The Bay Area is an expensive place to live. The real estate has increased consistently above the CPI and the wage growth in this area. This makes home affordability in the Silicon Valley a daunting task. It not only affects the professionals working in the high tech industry, but also makes it very hard for the service sector professionals to live in this area. This vicious cycle has not been addressed properly at all by the local governments. In 2017, Congress passed the Tax Cuts and Jobs Act. I support a number of measures that would help put more money in people's pocket to spend on housing in the Bay Area. One of them is repealing the $10,000 cap on the state and local tax deduction (SALT) in their federal taxes. The second is to support modifying Prop 13 such that no more than 0.5% of market property value is taxed at the county level, and the market value assessments are capped at 1% less than the CPI index per year regardless of the ownership transfers. It will open up many more homes for sale and encourage construction of new homes. Third solution is to give a 15% reduction in the federal tax rate break to all employees of a start up in their first 5 years of existence. This will spur innovation and reward the 80-hour/week employees.