Housing development is winding down in many places. > From 2010 to 2015, San Mateo County added 72,800 jobs but only 3,844 homes: that's 19 jobs for every home

Housing development is winding down in many places. > From 2010 to 2015, San Mateo County added 72,800 jobs but only 3,844 homes: that's 19 jobs for every home https://www.strongtowns.org/journal/2019/7/24/approaching-peak-housing-dysfunction-in-california https://www.strongtowns.org/journal/2019/7/24/approaching-pe... That's low enough that, as far as the market is concerned, it's effectively stopped.