2016 06: Bay Area Housing Production

Key conclusions are summarized below: Based on the last six years of growth, the region won't hit its overall 2040 housing target until 2065. By contrast, the 2015 number of total jobs (4.0 million) has occurred five years ahead of the forecast schedule. Only a quarter of the region's cities are on track to achieve their 2040 housing targets. Approximately one-third of the region's cities will not achieve their 2040 housing targets until 2100 or later based on their six-year housing production rates. Housing production rates in the Big Three cities dipped slightly in 2015. While San Francisco continues to be on track to meet its forecast housing level, San Jose will not meet its target until after 2060 if it continues the 2015 housing production rate. The housing situation in Oakland won't achieve its 2040 housing target until the late 2100s given its worsened trajectory.