Links to Good Reads

February 28, 2019

SAN FRANCISCO CHRONICLE

Kathleen Pender

EXCERPTS:

“The process starts with the California Department of Housing and Community Development, which determines how much new housing each region needs based on population estimates from the Department of Finance. Those estimates rely largely on past rates of new household formation.”

EXCERPTS:

“Even with modest goals, several cities are floundering. At the current rate of construction, the cities of Santa Clara and Cupertino won’t hit their targets for building very low and low-income housing for at least another 500 years, according to the analysis.”

February 28, 2019

FORBES

Pete Saunders

EXCERPTS:

“[T]he short-term, local-level impacts of upzoning are higher property prices but no additional new housing construction.”

EXCERPTS:

“Meanwhile, in December of 2017, the Associated Press reported that homelessness increased in America for the first time since 2010 — the height of the Great Recession. 2017 data from the U.S. Department of Housing and Urban Development showed that local counts of homeless Americans reached approximately 554,000 nationwide, which is a 1 percent increase from 2016 (and roughly half of the number of vacant residential investment properties in America today).”