Skip to content

Leveling SF housing field could take 100,000 new units

February 14, 2014

by : sfexaminer – excerpt

Since the 1920s, The City’s housing stock has grown by about 100,000 units. That number also could be the benchmark for tempering the housing crisis.

Mayor Ed Lee’s plan for the construction of 30,000 housing units by 2020 rests in part upon his oft-mentioned belief in the powers of supply and demand to bring down or at least stabilize housing costs.

Yet at least one impartial believer in supply and demand, The City’s chief economist, has put the issue into numerical perspective: To noticeably impact prices, it would take the construction of 100,000 market-rate units.

At a time in which progressives and their moderate opponents are debating how to solve or at least lessen the impacts of a housing shortage, supply and demand is center stage… (more)

One Comment leave one →
  1. February 14, 2014 3:23 pm

    Reblogged this on Grassroots Actions and commented:

    The supply and demand argument


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: