Estate

Not just California: Hiring outpaces homebuilding

22 days ago   |   By Bésame

”Survey says” looks at various rankings and scorecards judging geographic locations while noting these grades are best seen as a mix of artful interpretation and data.
Buzz: Real estate's secret sauce remains “jobs, jobs, jobs,” but California and other states continue to struggle to keep their homebuilding apace with a growing workforce.

Ponder what I call a “homebuilding hole” benchmark, which compares a state's job growth with the number of housing units permitted - both rental and for purchase - since 2010.
And then, to give a sense of scale to this shortfall, rankings were determined...
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