Let's go to the data to see how the "housing crisis" is coming along. From the SF Comicle
San Francisco, and the entire Bay Area, lost population during the second year of the pandemic, and California’s population continued to fall for the third year in a row, according to state estimates released Thursday. California’s population declined 0.54% to 39 million people, a loss of over 210,000 people. The nine-county Bay Area saw some of the steepest population declines in the state — ranging from Napa’s loss of about 1,800 people to Santa Clara’s loss of over 16,500 people, second only to Los Angeles County’s 113,000-person plunge in the state.
San Francisco lost about 8,700 people to net domestic migration; San Mateo lost 12,700 people; Contra Costa County lost 16,400 people; and Alameda lost 27,300. Santa Clara County, the Bay Area’s most populous county, lost 30,900 people to net domestic migration. That trend reflected many companies allowing workers to stay remote, along with concerns over affordability, said Walter Schwarm, chief demographer at the California Department of Finance, which released the report.
Schwarm expects California population growth to turn positive in the next few years, as immigration rises and the wave of people leaving slows from pandemic-level peaks, but he is doubtful it will return to the more than 1% growth rates seen in the last century.
“The era of large growth for California is probably over,” Schwarm said.
There you have it. If you click through to the Comicle site, the graph will show San Mateo County was the third largest percentage loser in the Bay Area at -1.1%. Now will someone revise the RHNA numbers, please? Also, have you noticed there are more major home remodeling projects in town that have ground to a halt--and some new construction as well?
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