70,000 New Homes But Still Not Enough
By Sharon Simonson
Same as it ever was.
Even with nearly 70,000 new homes built in the Bay Area in the last five years, according to new U.S. Census Bureau data, 2015 population counts exclaim the continuing and huge disconnect between demand to live in the region and the production of new abodes.
To keep pace with population growth of more than 450,000 since 2010, the region’s five primary counties—Santa Clara, Alameda, San Francisco, Contra Costa and San Mateo—should have built 155,630 new homes, based on an average of three people per household. That’s 83,000 homes more than were produced.
The existing housing stock absorbed at least some of the difference, with the average number of people per home rising in every county. Nationally, the average number of people per ho...