CAA Industry Intelligence Reports: Housing supply key to California’s economy reaching its potential
While California’s economy continues to grow, the expansion has slowed considerably amid the state’s ongoing housing crisis and an ensuing labor shortage, according to a pair of reports released today by the California Apartment Association.
CAA’s Industry Intelligence Report for Northern California (available here) and a corresponding report for Southern California (available here) use both statewide and regionally specific data to explore the connections between the state’s lack of housing, a depleted workforce and dimmed prospects for economic growth. Beacon Economics prepared both reports.
According to the reports, the state has already seen a …
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Tagged: Economy