Last month the Chamber released a study with the Greater San Diego Association of REALTORS® finding the region’s housing crisis is on track to get much worse by 2020, driving even more seniors and families out of the Golden State and hurting our local economy. The “Housing Scorecard” compares the progress of each of the 18 cities and the County of San Diego in permitting the construction of new homes and provides an accurate depiction of how the housing market is impacting San Diegans.
Key findings of the Housing Scorecard include:
- The San Diego region as a whole is on pace to produce only 50 percent of units needed to accommodate population growth
- Of the four income categories – very low, low, moderate, and above moderate – only the “above moderate” category is seeing close to adequate production to meet the need
- Only four of the 18 cities are building enough units to meet the need: Coronado, Lemon Grove, San Marcos, and Vista
For more on the Scorecard visit, www.sdchamber.org/housing-scorecard.