SF Chronicle: MIMBYs instead YIMBYs and NIMBYs Maybe? Kevin and Jonathan Get Asked About Declines in New Construction Starts (March 4, 2023)
While acute market forces are curtailing new construction starts now, development here was already an uphill battle. Development timelines take years, so any non-NIMBY-related delays in adding new homes will keep housing prices high that much longer. But even for people who can afford to buy in the Bay Area, there’s a shortage of accessible destination homes for folks who are downsizing or ones who can no longer do the stairs in their 3-story Victorian.
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