Stop Dissin’ the Housing Market—Set it Free!, by Christopher Thornberg, PhD (Beacon Economics)

Even though this is SoCal based, it certainly applies to Northern CA.   I’ve seen a marked increase myself in the number of homeless in the Livermore area!

Editors Note: This posting was originally published on the Opinion Page of the Los Angeles Daily News.

High housing costs continue to be at the center of policy debates in Los Angeles—and across much of the state. This intensifying focus is warranted now more than ever given how the crisis has moved from simply eating up the disposable income of residents to slowing overall employment growth in coastal economies – something driven by a lack of available workers, which in turn is driven by the housing shortage.

https://beaconecon.com/blog/stop_dissin_the_housing_market_set_it_free_7_11_2017