Report: California Housing Deficit Increases 82% Since 2012

Up for Growth, a research and policy network committed to solving the nation’s housing shortage, has issued a groundbreaking report about the state of available housing in California. The analysis finds the housing underproduction in the Golden State has reached 977,654 homes, an increase of 82% since 2012, the worst deficit of any state in the U.S.

Up for Growth’s 2022 Housing Underproduction in the United States study measured the gap between the number of homes available versus those needed. “This important research from Up for Growth shows that too few homes are produced in the United State, leading to higher costs to families and households,” said Colin Parent, Executive Director and General Counsel of Circulate San Diego.

The report also includes a plan that quantifies the benefits of building million of homes, called A Better Foundation. The data finds that adding 3.8 million homes across the country would increase affordability, add $209 billion to the U.S. GDP, generate $7 billion in additional local revenue and greatly reduce C02 emissions.