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Report: Bay Area housing numbers fall by 30% in 2019

Original post made on Feb 18, 2020

Despite a narrative that housing construction in the Bay Area is going gangbusters, the number of units built last year was nearly 10,000 shy of the year before.

Read the full story here Web Link posted Monday, February 17, 2020, 11:08 AM

Comments (3)

3 people like this
Posted by Parent of Two
a resident of Val Vista
on Feb 18, 2020 at 10:38 am

Misleading headline. Housing is NOT down 30%... that would require the destruction of thousands of homes. This is the kind of alarmist clickbait (which I admittedly fell for) that is driving journalism nowadays, where the story is secondary to the number of clicks you get.

The rate of building houses is slowing. Which would get you fewer clicks, but would be honest.

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Posted by Tracy
a resident of another community
on Feb 18, 2020 at 1:15 pm

I agree with the previous poster. The headline is misleading. "Housing CONSTRUCTION is down nearly 30% in the last quarter of 2019." This would be a more accurate headline, and would still get attention.

I am glad that there is a slowdown in new building. We are overdeveloping, especially if there is construction in areas where endangered species might be impacted. The infrastructure here in the bay area is underdeveloped and more housing is going to make it worse. Slow growth is a better model. Build up the water, sewers, power, gas and telecom infrastructure THEN increase the number of units.

We need better planning, not simply more housing. How about the schools that will be needed to educate the children of the people moving into our communities? What about shopping and entertainment venues? What about arts and cultural centers? These are things we need to think about BEFORE we build more housing for Facebook, Google, Amazon, etc.

1 person likes this
Posted by Wow
a resident of Another Pleasanton neighborhood
on Feb 22, 2020 at 5:11 am

Want to solve the housing and homeless issue? Want to make housing costs and rent affordable for americans?.
The answer is pretty simple. Restrict home ownership to only legal us citizens. Supply demand becomes more equal and housing prices become more affordable. The downside is alot of foreigners qont be able to get rich nd gouge americans by driving up prices and running up rents for not very well taken care of real estate. Too .any third world slum loards allowed to purchase american real estate. Want to help tje poor americans with housing? Take a stand us or them it's really that simple.

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