California Needs to Build a Staggering Nmber of Homes

It’s no secret that California is grappling with a housing shortage, but a new report quantifies how serious the problem is. Developers are building an average of 80,000 new California homes a year, but that falls well below the 180,000 that are needed, according to the California Department of Housing and Community Development.

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Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

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