Newsom admits he stretched housing truth about a 3.5 million-unit shortfall

Newsom admits he stretched housing truth about a 3.5 million-unit shortfall

4 years ago
Anonymous $yQ5BfQaAxy

https://www.siliconvalley.com/2020/01/27/newsom-admits-he-stretched-housing-truth-about-a-3-5-million-unit-shortfall/

Gov. Gavin Newsom has recanted his repeated and insistent suggestion that the state’s housing challenges require 3.5 million homes to be swiftly built.

He recently described this target — based on a flawed and outdated consultant’s study — as a “stretch goal,” whatever that means. Plus, he says he’s tossed that math and is having new construction goals formulated. Sadly, the governor’s very public stretching of the housing-shortage truth only further hardens the lines drawn between the warring factions trying to solve (and/or profit from) the chore of sheltering 40 million Californians.

Newsom admits he stretched housing truth about a 3.5 million-unit shortfall

Jan 27, 2020, 7:22pm UTC
https://www.siliconvalley.com/2020/01/27/newsom-admits-he-stretched-housing-truth-about-a-3-5-million-unit-shortfall/ > Gov. Gavin Newsom has recanted his repeated and insistent suggestion that the state’s housing challenges require 3.5 million homes to be swiftly built. > He recently described this target — based on a flawed and outdated consultant’s study — as a “stretch goal,” whatever that means. Plus, he says he’s tossed that math and is having new construction goals formulated. Sadly, the governor’s very public stretching of the housing-shortage truth only further hardens the lines drawn between the warring factions trying to solve (and/or profit from) the chore of sheltering 40 million Californians.