Housing Development

Housing

Interested in Housing & Development Legislation? Attend the First "Planning Innovations" Forum of 2018 on February 13!

A construction worker working on the roof of an unfinished house.
Credit
Karl Nielsen

Given recently passed state housing legislation and lawsuits against local jurisdictions, cities face increasing scrutiny when approving or denying housing development proposals. MTC’s long-running Planning Innovations series kicks off 2018 with a timely workshop on these issues, How Objective is "Objective"? Effective Development Standards in the SB35 and Housing Accountability Act Era. The workshop will be held starting at 9:30 a.m. on Tuesday, February 13, at the Bay Area Metro Center in San Francisco; register and see additional details here. Read More

Policy

Record Low Unemployment Across (Much of) the Bay Area, and the Delicate Policy Dance That Follows

SF-Oak-Hay unemployment

The Bay Area economy has mostly had a good run since the dark days of the Great Recession (although the benefits have been uneven and not without their complications). For all the hype about the latest tech boom and the length of the current expansion, however, many key regional economic measures had not surpassed records set during the dot-com era nearly two decades ago. 

New data from the U.S. Bureau of Labor Statistics (via FRED) indicate this is starting to change, though. To wit: most key urbanized areas (or MSAs) in the region are at or near record low unemployment levels. As shown in the above chart, the seasonally adjusted unemployment rate in the San Francisco-Oakland-Hayward MSA is now at 2.8 percent, a level last seen during a heady pre-millennium stretch from July to December of 1999.   Read More