4 ms·
Santa Monica was about 5k units by itself. That is a 10% increase in the city's housing stock. There is so much pent up demand and the government and NIMBYs do
by carom 4y ago
Santa Monica was about 5k units by itself. That is a 10% increase in the city's housing stock. There is so much pent up demand and the government and NIMBYs do everything to prevent new development.
There was a four year period in Santa Monica where a grand total of 12 multi family units were permitted. [1]
1. Page 14 https://scag.ca.gov/sites/main/files/file-attachments/santamonica_localprofile.pdf?1606011172 https://scag.ca.gov/sites/main/files/file-attachments/santam...
- zbrozek 4y agoOk, but that's southern California which became vulnerable a while ago. The post I was replying to suggested there were ten thousand in the Bay Area based on the recency of vulnerability.