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Bay Area Council Housing & Sustainable Development

This report highlights the environmental, economic, and equity consequences of the housing barriers in California. It explores the reduction in housing affordability, the displacement of low-income workers, and the hindrance to GDP growth caused by the inability of housing markets to meet the growing demand.

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Bay Area Council Housing & Sustainable Development

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  1. Bay Area Council Housing & Sustainable Development Matt Regan Senior Vice President of Public Policy Bay Area Council

  2. Annual New Housing Permits Statewide 1955-2015 1955-1989 Average 205,000 2006-2015 Average 80,000 • Source: Construction Industry Research Board/California Homebuilding Foundation Reports 2005, 2013, 2015; Graphic by HCD

  3. San Francisco Vs Seattle

  4. California is Expensive! Source: Legislative Analyst’s Office

  5. ENVIRONMENTAL CONSEQUENCES

  6. Per Capita GhG Production by State

  7. Economic Consequences Source California Legislative Analysts Office

  8. EQUITY CONSEQUENCES California’s High Housing Costs drive out poor; middle-income workers. Los Angeles Times Jan 1, 2015

  9. Top Unemployment Blackspots in US

  10. Over the past three decades, local barriers to housing development have intensified, particularly in the high-growth metropolitan areas increasingly fueling the national economy. The accumulation of such barriers – including zoning, other land use regulations, and lengthy development approval processes – has reduced the ability of many housing markets to respond to growing demand. The growing severity of undersupplied housing markets is jeopardizing housing affordability for working families, increasing income inequality by reducing less-skilled workers’ access to high-wage labor markets, and stifling GDP growth by driving labor migration away from the most productive regions.

  11. Thank you

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