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Home / Miles Kimball / Liam Dillon: California Governor Gavin Newsom Threatens to Cut State Funding from Cites that Don’t Approve Enough Housing

Liam Dillon: California Governor Gavin Newsom Threatens to Cut State Funding from Cites that Don’t Approve Enough Housing

Summary:
For instance, city and county restrictions on homebuilding are more consequential in the Bay Area — which has seen 750,000 new jobs added but just 167,000 new homes built over the last eight years, according to construction industry statistics — than in parts of the state where there’s been less economic development, said David Garcia, policy director at UC Berkeley’s Terner Center for Housing Innovation.

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For instance, city and county restrictions on homebuilding are more consequential in the Bay Area — which has seen 750,000 new jobs added but just 167,000 new homes built over the last eight years, according to construction industry statistics — than in parts of the state where there’s been less economic development, said David Garcia, policy director at UC Berkeley’s Terner Center for Housing Innovation.

Miles Kimball
Miles Kimball is Professor of Economics and Survey Research at the University of Michigan. Politically, Miles is an independent who grew up in an apolitical family. He holds many strong opinions—open to revision in response to cogent arguments—that do not line up neatly with either the Republican or Democratic Party.

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