Two new documents – a report by the state housing agency and Gov. Jerry Brown’s 2017-18 budget – focus harsh economic reality on fanciful political “solutions” to the state’s severe housing crisis.
The state has been underbuilding housing for the last decade, ever since an overheated housing market collapsed.
Despite the ensuing recession, California’s population continued to grow by over 300,000 persons a year. Households, each with an average of almost three persons, continued to form.
