EconoMeter panel: The high price of less homebuilding

A number of new housing complexes have been built along Friars Road in Mission Valley in recent years, but the overall market remains weak and holds back the wider economy. — K.C. Alfred / UT San Diego
A number of new housing complexes have been built along Friars Road in Mission Valley in recent years, but the overall market remains weak and holds back the wider economy. — K.C. Alfred / UT San Diego

Q: Does San Diego’s low production of housing pose a threat to the health of the local economy?

Bob’s Answer: YES

But the real problem is housing affordability and the restrictions on housing development in our region. We do not build nearly enough housing to keep up with demand and, if we want to attract and retain new workers, we need to provide units for them to live in.

Read more answers here.

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