Draft MTP/SCS Comments Received - sacog
Draft MTP/SCS Comments Received - sacog
Draft MTP/SCS Comments Received - sacog
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seem to suggest a preference for a greater variety of housing choice—in particular, increased<br />
demand for attached and smaller lot single family product nearer amenities and with greater<br />
transportation choices. Compared to the current available housing choices, the <strong>MTP</strong>/<strong>SCS</strong> moves<br />
the region in the right direction.<br />
But when considering the latest available housing market studies, it appears that the SACOG<br />
<strong>MTP</strong>/<strong>SCS</strong> may not go far enough in the right direction. A November, 2011 report from the<br />
Urban Land Institute (ULI) entitled The New California Dream compares the current (2010)<br />
supply of various housing product types to future (2035) market demand in California’s four<br />
largest regions i . The ULI report makes two particularly relevant findings for the Sacramento<br />
region:<br />
1. The 2010 supply of large lot single family housing (>1/8 th acre) in the SACOG region<br />
exceeds the projected demand for this housing type in 2035. Stated more clearly: the<br />
SACOG region already has more of this product type than will be needed in 2035, even<br />
assuming population growth. By contrast, the demand for small lot single family and<br />
attached products is strong and exceeds current supply by approximately 453,000 units,<br />
illustrated below in Figure 4.1.<br />
2. The projected 2035 demand for homes near transit is so strong that even if all new units<br />
constructed in the SACOG region between 2010 and 2035 were located near transit, the<br />
2035 demand would still outstrip supply, as depicted in Figure 4.2, below.<br />
2