Saturday, November 7, 2015

21st Century City housing shortage, build more!

Bay Area Council (BAC), Workforce Housing, Creating More Workforce Housing for a Growing Region
"Living in our communities" (with a roof overhead)
"The imbalance between the Bay Area’s housing supply and demand has reached fever pitch. San Francisco, for example, created 28,800 jobs in 2013 while adding only 120 housing units. It is very clear that our inability to generate housing at the pace we are generating jobs is fueling an affordability crisis and at some point it will put the brakes on further economic growth.

Employers are faced with the need to provide higher wages for their workers, putting a strain on their bottom line, and it becomes increasingly difficult to lure top talent to a region where they cannot afford to buy a home. As the Bay Area Economic Institute reported in its 2012 Regional Economic Assessment, there are “severe institutional constraints on construction that prevent demand from being met,” and it is a driving factor in the region’s “notoriously high” housing costs. The cure to Bay Area’s affordability ailment is to significantly increase the supply of housing units and commercial space throughout the region, and to do so, we must work to mitigate these regulatory barriers to development of all kinds.

Our Workforce Housing Committee meets regularly to engage on our related policy priorities, engage with guest speakers, and network.  Current meetings and conferences:   REGIONAL ECONOMIC STRATEGY SUMMIT, Nov. 6, 8:00am - 11:00am, Bay Area Council Headquarters; San Francisco. BAC TRAVELS TO SEATTLE, November 22-24, Seattle, WA; 21st CENTURY INFRASTRUCTURE: ENERGY SUBCOMMITTEE MEETING, Dec. 7, 3:00pm - 5:00pm, Bay Area Council Headquarters, San Francisco.  Committee Chairs.  Kofi Bonner, President, Lennar Urban.  Denise Pinkston, Partner, TMG Partners." 
Reference Bay Ara Council (BAC), About. "The Bay Area Council is a business-sponsored, public policy advocacy organization for the nine-county Bay Area. The Council proactively advocates for a strong economy, a vital business environment, and a better quality of life for everyone who lives here. .... Today, more than 275 of the largest employers in the region support the Bay Area Council and offer their CEO or top executive as a member."  Bay Area Economic Institute/About. "The Economic Institute is the leading think tank focused on the most critical economic and policy issues facing the nine-county Bay Area region."   Note the photograph or rendering is from the BAC Workforce article above. 

Submitted by Jim Wagner

Posted by Kathy Meeh


Anonymous said...

Nobody has a right to live in Pacifica.

Whether you're a renter or trailerer or a tech bro living in your car, you simply don't have a right to live here.

We've been almost the same size since I was born here, and are practically bankrupt paying the few employees we have.

More housing means widening the Hwy.
More housing means we need more schools.
More housing means longer commutes.
More housing means more garbage on the streets.

I've lived here a long, long time and like it here.
Don't pave paradise.

Anonymous said...

Classic portrait of an, "I Got Mine."

Anonymous said...

Nice new housing improves the neighborhood and brings interesting people who will stimulate our social structure.

Anonymous said...

1027 Classic comment of someone who hopes to directly profit from more housing and all the rest. The greedy calling the opposition selfish. And so it goes.

Anonymous said...

We need to build more housing now! Most landlords in California are mom and pop operations barely braking even and worried about paying their mortgages.

Now the newby nimbys want to give the renters the keys to the kingdom.

Anonymous said...

Hilarious 143. Don't forget to scrap that mess off the ceiling.

Kathy Meeh said...

838, you said, "We've been almost the same size since I was born here, and are practically bankrupt paying the few employees we have."
Meantime, the Bay Area has doubled in size, inflation is 400% higher, the modern world has move forward, and you want to remain in your childhood sand box. How realistic is that?

143, those of us who favor progress and a balanced city budget (and you) would profit from NOT dealing with the NIMBY caused "rob Peter to pay Paul" City budget shell game. Therein is the profit: a safer, functional City.

Anonymous said...

I agree with 838 Kathy, inflation may be 400% higher in the last 56 years, but Recology's rates have gone up 300% since my kids bought their place in early 2000.

Kathy Meeh said...

355, your kids reliable curbside trash, recycling and green waste pick-up was $23.82 monthly, and it will drop to $21.59 monthly. Oh, what a gouger that is!

Compare to utilities, television, phone services; cost of gas, housing, yard, transportation, food, clothing, entertainment, insurance, taxes, personal and household improvement, any children or grandparent expenses, etc.
Over 15 years, did those other expenses decrease??? (LOL)