Population is stagnant. But housing supply is growing. Is this the beginning of a Great Correction?

California’s population has begun growing again — ever so slightly. But will the housing supply ever catch up?
The cost of housing in California increased sharply during the early part of the COVID pandemic — as it did in many places. Now, even though housing growth has been sluggish, cost has leveled off. There are probably several reasons for this, not the least of which is the rapid rise in interest rates. But there may be another factor: The supply of housing, sluggish though it may be, is growing faster than the population.
To take a longer view, CP&DR looked at DOF’s estimates of change in population versus change in housing units since the 2020 Census – almost four years, during most of which California’s population declined. And the bottom line is that during that time, the supply of housing increased by 3 percent and the population declined by 1 percent.
FULL STORY: Population Down 1%, Housing Up 3% -- Is That Enough?

Florida Considers Legalizing ADUs
Current state law allows — but doesn’t require — cities to permit accessory dwelling units in single-family residential neighborhoods.

HUD Announces Plan to Build Housing on Public Lands
The agency will identify federally owned parcels appropriate for housing development and streamline the regulatory process to lease or transfer land to housing authorities and nonprofit developers.

Conservatives’ Decongestion Pricing Flip-Flop
When it comes to solving traffic problems, the current federal administration is on track for failure, waste, and hypocrisy.

Can Geothermal Energy Fuel Hawaiʻi’s Future?
Gavin Murphy, a New Zealand-based consultant with experience in indigenous-led geothermal projects, argues that Hawaiʻi is poised to achieve energy independence and economic growth by respectfully developing its untapped geothermal resources.

Climate Gardening: Cultivating Resilient Landscapes in Los Angeles
TreePeople’s 4th Annual Urban Soil Symposium explored how climate gardening, soil health, and collaborative land management strategies can enhance urban resilience in the face of climate change.

Electric Surge: EV Chargers Outnumber Gas Nozzles in California
California now has 48% more electric vehicle chargers than gasoline nozzles, reflecting its rapid shift toward clean transportation and aggressive zero-emission goals despite federal pushback.
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