Tag Archives: Terner Center for Housing Innovation

Bay Area Housing Post-Pandemic: What’s in Store?

KQED article

Real estate experts around the Bay Area knew the region’s red-hot housing market was due for a cool down, but few expected the deep freeze brought on by the coronavirus pandemic. Matt Schwartz, president and CEO of the California Housing Partnership: “People who were previously not in need of assistance are now going to need it. People who previously needed some Read More

Coronavirus will make California’s affordable housing problems worse, experts say

LA Times article

California already faced a shortage of more than 1 million homes for low-income families before the novel coronavirus hit. And now many advocates, economists and politicians say the pandemic is only going to make the situation worse. Major job losses, particularly in low-wage restaurant and hospitality sectors, and what will probably be severely depressed tax revenues for California and its cities, Read More