New paper from @USCPrice says California’s housing shortage is 2.5 million homes — rather than the 3.5 million the governor has cited. Also a fascinating figure estimating that 1.2 million renter households have been pushed out because of lack of housing scag.ca.gov/calendar/Documen…
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Exactly!
With a 3.5M unit shortage, Palo Alto's fair share of that is perhaps 15,000-25,000 units. (On population ratio alone it would be 6,000, but...)
With 2.5M instead, maybe 12,000-16,000 units?
But Palo Alto is failing to reach its goal of building 300 units per year.
Jun 14, 2019 · 5:39 AM UTC
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