Report: California has most severe housing deficit in the nation

We merely are not building plenty housing. That was the decision in "Housing Underproduction in the U.S.," a study produced by the newly formed Upward for Growth National Coalition. From 2000 – 2015, the U.Due south. underproduced 7.iii 1000000 units of housing, a shortage spanning 22 states and the District of Columbia.

Such a shortage has a significant impact on quality of life for millions of Americans, beyond nearly all socioeconomic strata. Families are forced to pay more than in rent or mortgages, and ofttimes live much further away from job opportunities. Long commutes lead to less time spent with children and loved ones. Additional cars on the road means increased CO2 emissions. More and more working-class families are pushed into homelessness or experience increased housing uncertainty.

Not simply are we non edifice the kinds of communities both desired by and needed for a younger generation, but we besides aren't collecting local, state, and federal taxes that are associated with new housing construction. The economy is failing to reach its total potential; by some estimates nosotros are over $iii trillion brusque on an annual basis, which compounds as long as the trouble is not solved.

Few other issues as broad of an touch as housing, which is why information technology is even more than surprising that housing has been ignored by federal lawmakers. Shouldn't a problem with national implications necessarily concenter the attention of the federal government?

The lack of attention – much less, action – is one of the primary reasons Up for Growth formed. We need to elevate the focus on the housing shortage and affordability crisis to a national level. Diverse interests and points of view must join together to provide the blazon of innovative solutions and policy choices that will ultimately lead to more housing – of all kinds – existence built beyond the United states of america. This is a start and necessary step in solving the affordable housing crisis in our country.

Up for Growth's Housing Underproduction Report also outlines scenarios in which nosotros can make up the 7.3-one thousand thousand-unit shortfall, including transit-oriented "smart growth." Under this arroyo, we can build walkable communities almost transit stations while cutting down on the number of cars on the road, reducing land use, and increasing economic benefits and revenue enhancement receipts. This isn't some pie-in-the-sky dream; it's a reality if we piece of work together to enact sensible policies that target the crux of the housing shortage.

Ensuring we build enough housing that is affordable to all Americans won't be like shooting fish in a barrel. Simply there is growing information that the housing shortage is too great to ignore, and the problem is only growing. Up for Growth hopes the Housing Underproduction written report is a catalyst to change the conversation about the housing shortage and affordability crisis.

Source: https://www.upforgrowth.org/new-report-indicates-housing-shortage-more-severe-once-thought

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