Lack of Affordable Housing Could Stunt New York's Economic Growth

Concern about the city's supply of affordable housing is one of the key messages from the recent "geography of Jobs" report published by the New York Department of City Planning.

1 minute read

August 9, 2018, 9:00 AM PDT

By James Brasuell @CasualBrasuell


One World Trade Center

Steve Heap / Shutterstock

"A lack of affordable housing stock within the five boroughs has the Department of City Planning (DCP) worried about New York City’s ability to grow in the future," according to an article for the Real Deal.

The focus on the affordable housing stock is another angle on the recent "Geography of Jobs Report" published by the New York Department of City Planning, and promoted by a blog post written by New York City Planning Director and Planning Commission President Marisa Lago.

"Over the last ten years, NYC has added 708,000 new jobs, but only 378,000 new housing units have come online in the five boroughs, creating a shortage that pushes about 100,000 people per year to the suburbs," according to The Real Deal's explanation of the housing and jobs nexus in the city of New York.

For more news coverage of the report, see also an article by Joe Anuta.

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Use Code 25for25 at checkout for 25% off an annual plan!

Redlining map of Oakland and Berkeley.

Rethinking Redlining

For decades we have blamed 100-year-old maps for the patterns of spatial racial inequity that persist in American cities today. An esteemed researcher says: we’ve got it all wrong.

May 15, 2025 - Alan Mallach

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

May 21, 2025 - Diana Ionescu

Rendering of California High-Speed Rail station with bullet train.

California High-Speed Rail's Plan to Right Itself

The railroad's new CEO thinks he can get the project back on track. The stars will need to align this summer.

May 19, 2025 - Benjamin Schneider

Aerial view of dense urban center with lines indicating smart city concept.

Why a Failed ‘Smart City’ Is Still Relevant

A Google-backed proposal to turn an underused section of Toronto waterfront into a tech hub holds relevant lessons about privacy and data.

15 minutes ago - Governing

Pale yellow Sears kit house with red tile roof in Sylva, North Carolina.

When Sears Pioneered Modular Housing

Kit homes sold in catalogs like Sears and Montgomery Ward made homeownership affordable for midcentury Americans.

1 hour ago - The Daily Yonder

Waffle House restaurant in rural open area with large yellow and black sign and several cars parked in front.

Starting in 2026, You Can Charge Your EV at Waffle House

The 24-hour chain infamous for brawls and, to a lesser extent, waffles plans to install fast-chargers at many of its locations.

2 hours ago - Jalopnik