Housing

Housing

May Map of the Month: When Will Bay Area Cities Reach Plan Bay Area 2040 Housing Targets?

May Map of the Month

May's Map of the Month from MTC and ABAG Executive Director Steve Heminger looks at what year cities around the Bay Area are anticipated to reach their housing growth forecasts, assuming the annualized housing production rate since 2010 doesn't change.

From the Executive Director's latest report to the MTC Commission and ABAG Executive Board:

To beat a dead horse, May’s Map of the Month highlights the continued housing production challenges in the Bay Area, comparing Department of Finance housing production data between January 2010 and December 2017 with the Plan Bay Area 2040 housing forecasts by jurisdiction. This month's map shows the year that each city or town would meet its Plan Bay Area 2040 housing growth forecast if it continues on its recent production trajectory, during this lengthy economic expansion. Not surprisingly, most jurisdictions are lagging the Plan’s housing goals – meaning that the region won’t reach its 2040 housing goal until 2072 at the current pace.

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Housing

YIMBYs, NIMBYs and the Data That Unites Them

Aerial View of Sonoma County
Karl Nielsen

The latest dispatch from America Counts: Stories Behind the Numbers from the U.S. Census provides an in-depth look at how data informs advocacy on both sides of the Bay Area’s housing debate. The story, NIMBY Meets YIMBY: Housing Movement Pushes for More Housing, shows how Census data is used to analyze everything from jobs to housing balance, rent burdens, building permit data and demographic change.

From the article:

Recently, the quest for housing affordability has dominated the national conversation. According to the 2016 American Community Survey (ACS) 1-Year estimates, 38.2 percent of rental households in the San Francisco Metro Area were spending at least 35 percent of their income on basic housing costs and 27.8 percent of homeowners with a mortgage were in the same situation.

Continue reading to find out more, and to see how your own county stacks up along a number of key measures. Read More

Housing

Thirteen Ways of Looking at the Housing Market

Housing in Santa Clara County
Karl Nielsen

In "Thirteen Ways of Looking at a Blackbird," the great modernist poet Wallace Stevens explores what it means to know something, to show how different perspectives can be isolated while still pointing to some general (if elusive) subject.

I was of three minds,   

Like a tree   

In which there are three blackbirds.   

Every day in the Bay Area, we are bombarded with story after story about the housing market and our regional housing crisis. There are on-the-ground anecdotes and sophisticated research reports, micro assessments and macro assessments, and complex analyses of local, statewide, national and global trends. How does it all fit together? Does it fit together?

In the spirit of providing a multiplicity of perspectives, this post offers (maybe not quite thirteen) snapshots, news items, opinions and analysis looking at housing, from the granularity of a single California city to metropolises across the great round world. Read More

Housing

An Overview of the 2018 Housing Policy Landscape in California

Housing Near Milpitas BART Station
Karl Nielsen

Last year was a very active year for housing legislation in California, with approval of a housing package that included new funding for affordable housing as well as some modest regulatory changes. It appears, however, this may have just been a warm-up act for 2018. Currently, there are nearly 20 different major housing bills under consideration by lawmakers in the state’s capitol. Outside organizations are also organizing to place various housing-related measures on the statewide ballot in November 2018.

In this post, we’ll provide an overview of these various bills and initiatives and then segue into a discussion of key policy considerations for MTC and ABAG in light of regional goals, particularly those articulated in Plan Bay Area 2040, the nine-county Bay Area’s long-range transportation and land use plan jointly adopted by both agencies in July 2017.

Overview of Housing Bills and Ballot Initiatives

Staff has grouped these bills and initiatives into a few major categories: State Zoning Preemption and Housing Production; Regional Housing Needs Allocation (RHNA); Fiscalization of Land Use/Property Taxes; and Rent Control, Tenant Protections and Anti-Displacement. Continue reading on for the bill summary and policy discussion. Read More

Housing

The Crash and Rise of the US Housing Market, 2000-2017

Housing Construction in Vacaville
Karl Nielsen

Check out this very cool Tableau visualization from Jacob Olsufka at Decisive Data: The Crash and Rise of the US Housing Market, 2000-2017. It looks at a large number of cities across the United States and breaks down in chart, map, and graph form whether homes prices were increasing or decreasing in a given month and year between 2000 and 2017. It gives a good sense of just how widespread and long-lasting the carnage was during the Great Recession, and by contrast how healthy the overall housing market was (with a few notable exceptions) as of the latest available data in August 2017.

The visualization is excerpted below but should ideally be viewed full-screen to really do it justice. Read More