User:The Lightning Chronicles/sandbox

 Adding Citation 

Source Notes:

- Source from Stanford Libraries

- Housing in California's Future--Nature of the Problem and Priorities for Action

- Published 07-29-2009

- Outlines CA housing conditions and housing policy across the state

- Focuses on affordability and location issues among Californians

- Started in the 1970s and focuses on price changes

- Includes extensive data

- Summary of Citation:

Before: Since about 1970, California has been experiencing an extended and increasing housing shortage, such that by 2018, California ranked 49th among the states of the U.S. in terms of housing units per resident. This shortage has been estimated to be 3-4 million housing units (20-30% of California's housing stock, 14 million) as of 2017. Experts say that California needs to double its current rate of housing production (85,000 units per year) to keep up with expected population growth and prevent prices from further increasing, and needs to quadruple the current rate of housing production over the next seven years in order for prices and rents to decline.

- After: Over the span of thirty years, the California median price for housing has diverged from the rest of the country, wherein it reached its maximum capacity in 2003 and only continued to increase since then.