On Tuesday night someone tweeted a new housing report to me and of course I was interested in it:
It’s pretty lengthy but this jumped out right away because it flies in the face of the belief that we are growing “too fast”:
And the graph:
Also, because we haven’t built enough new units, most existing housing units are old:
There are other graphs that show how low home ownership rates are as well. Probably because the low supply increases the overall price of homes which makes it out of the reach of a lot of families.
I can’t seem to locate it but there is a table that exists in some city document — and I know I’ve posted it here before — but it shows the same thing that was reported statewide: that building has slowed down a lot since the 1950s through 1980s.