San Diego housing

HOUSING CRISIS LOOMS AS SAN DIEGO COUNTY BUILDS ONLY 50% OF HOMES NEEDED

 

By Chris Jennewein

Originally published in Times of San Diego, a member of the San Diego Online News Network

 

July 15, 2017 (San Diego)--The housing crisis is San Diego County is worsening, with only four smaller cities experiencing enough home building to shelter their growing populations.

That was the conclusion of a tough new report by the San Diego Regional Chamber of Commerce and Greater San Diego Association of Realtors, who warned that the region as a whole is building only 50 percent of the homes needed, and very little affordable on a low to moderate income.

The “housing scorecard” released Thursday found that lack of affordable housing is driving seniors and families out of the state and hurting the San Diego economy.