KQED: Housing Crunch Exacts a Heavy Price on Californians

KQED: Housing Crunch Exacts a Heavy Price on Californians
February 1, 2017 Peter

California is producing less than half the new homes it needs to meet demand, according to a new comprehensive analysis by California’s Dept. of Housing and Community Development.California is producing less than half the new homes it needs to meet demand in the Golden State.

In its first comprehensive analysis since the year 2000, California’s Department of Housing and Community Development paints a bleak picture of the state’s housing landscape. While it points to some hopeful developments, the report suggests lawmakers will need to consider serious policy changes if California is going to build the projected 1.8 million new homes needed by 2025.

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