California’s 3.5 Million Housing Shortage Number Raises Questions
California has a housing shortage, and the State Legislature has called for construction of 3.5 million homes by 2025. However, how do we reliably determine how many homes California needs to build? The State number is based on a study that uses New York as a benchmark. But is New York the right benchmark?
The following slides (and PDF report to the side) examine the current housing crisis and some of the strategies the State and local governments could pursue to address the current need.