Bay Area Jobs-Housing ‘Imbalance’ Continues
The San Francisco Bay Area has experienced since 2011 a new jobs-to-housing ratio of 4.7 to 1, a rate well in excess of what experts consider a healthy balance of 1.5 jobs per housing unit. Additionally, the Bay Area continues to lag substantially behind Plan Bay Area housing projections while more than doubling the number of new jobs that planners estimated. These two findings combined bolster what we all see every day on the freeways and transit systems: More and more people traveling farther and farther between the homes they can afford and the places where they work. It is the result of the persistent failure of the region's cities and counties to approve sufficient new housing.