LAO.CA.Housing2.26.16
Californians Afford Housing
February 25, 2016
California Home Prices Have Grown Much Faster Than U.S.
Inflation- Adjusted Median Home Prices in 2015 Dollars
Housing Construction Has Slowed in California’s Coastal Metros
Annual Growth in Housing Units in Major Metros
Housing Construction on California Coast Was Flat During Housing Boom
Average Number of Building Permits in Major Metros
Building More Housing Would Have Slowed Rising Housing Costs
Average Annual Number of New Housing Units Built by County, 1980-2010
Crowding Rates Higher in California
Percentage of Each Household Type Living in Crowded Housing, 2013
Homeownership Rates of Young Households Have Fallen
Homeownership Rate, California
Rising Rents Have Hit Young Households Harder
Share of Income Spent on Rent by a Median Household, California
Coastal Metros Adding More High-Income Households
Net Household Migration by Income in California’s Major Coastal Metros, 2011-13
Many Low-Income Households Moved Inland From Expensive Coastal Metros
Former Place of Residence For Low-Income Households That Recently Moved to California’s Major Inland Metros, 2011-13
Housing Becomes Less Expensive As It Ages
Percentile Rank of the Rent for Housing Built Between 1980 and 1985
Places With More Building Saw Slower Growth in Rents for Poor Households
Rents Paid by Low-Income Households in Urban Counties (In 2013 Dollars)
More Housing Construction Linked to Lower Chances of Displacement
Percent of Low-Income Bay Area Census Tracts That Experienced Displacement Between 2000 and 2013