Re:Newsom signs legislation to boost California’s housing su...
by rgarrett88 on Thursday September 16, 2021 @09:42PM
(#28560189)
>but it will only lead to construction on ~3% of all single-family plots statewide.
Over what time frame? Do you have a source?
Re:Newsom signs legislation to boost California’s housing su...
by aluminum96 on Thursday September 16, 2021 @09:53PM
(#28560296)
The source is the Terner Center link above. The time frame is 10 years, if I recall correctly.
Out of 7.5 million single family parcels, 6.1 million are SB9-eligible, and 521k would be market-feasible for construction. This would result in 714k new units of housing.
Clearly SB9 will moderately increase density in some neighborhoods, but it will only lead to construction on ~3% of all single-family plots statewide.