Richard K. Green delivers new data from the Casden Spring 2021 Multifamily Forecast Report. Despite outmigration, California housing prices are still climbing, indicating that the state remains a desirable destination for many. However, California's lack of multifamily housing production remains concerning as sunbelt states with more robust construction pipelines like Texas, Arizona, and Nevada continue to siphon off California residents. Green also asserts that Southern California submarkets will largely be influenced not by whether workers return to the office, but by how often.

Panelists Paul M. Keller (Mack Urban) and Tony M. Salazar (McCormack Baron Salazar, Inc.) echo the data with anecdotal evidence from inside the industry. Salazar points out that affordable housing subsidies are offered as a flat rate across the US, and as a result those funds continue to go further in markets where housing production is less expensive. Keller remains skeptical about how the state may change and expects more of the same challenges in the future. 

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Neha Nanda, MD is joined by Scott B. Laurie and Richard K. Green to discuss the ongoing recovery efforts from COVID-19, how organizations might manage returning to the office, and when everyday life has a chance of achieving a new normal. Nanda also reviews rules of thumb for mask-wearing as well as what vaccine hesitancy may mean for California's herd immunity.

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The State of California’s Legislative Analyst’s Office (LAO) estimated that 70,000-110,000 new housing units are needed per year to keep housing prices from rising faster than the national average. What are the most important barriers to new housing construction and what can be done about them? 

Scholars Evgeny Burinskiy, Lois Takahashi, and Richard Green gather with industry experts Bert Selva and Dan Dunmoyer to discuss results from a new survey of California homebuilders, planning commissioners, and housing advocates. The survey, supported by a grant from the California Homebuilding Foundation, highlights the differences in perceptions stakeholders have about the development review process. Overall, each stakeholder group universally sees both traffic congestion and affordable housing as a crucial hurdle to overcome as California grows.

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