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The Biggest and Smallest Barriers to California Housing Development
Manage episode 407527250 series 3562930
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The State of California’s Legislative Analyst’s Office (LAO) estimated that 70,000-110,000 new housing units are needed per year to keep housing prices from rising faster than the national average. What are the most important barriers to new housing construction and what can be done about them?
Scholars Evgeny Burinskiy (Ph.D. in Urban Planning and Development, USC Price), Lois Takahashi (Houston Flournoy Professor of State Government and Director, USC Price in Sacramento), and Richard Green (Director, USC Lusk Center for Real Estate) gather with industry experts Bert Selva (President and Chief Executive Officer, Shea Homes) and Dan Dunmoyer (President and Chief Executive Officer, California Building Industry Association) to discuss results from a new survey of California homebuilders, planning commissioners, and housing advocates.
The survey, supported by a grant from the California Homebuilding Foundation, highlights the differences in perceptions stakeholders have about the development review process. Overall, each stakeholder group universally sees both traffic congestion and affordable housing as a crucial hurdle to overcome as California grows.
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