Top economic, public policy and housing industry leaders throughout the Bay Area and California convened recently at LinkedIn’s San Francisco headquarters to identify solutions to address the region’s housing crisis and help lay the groundwork to increase supply and make housing more affordable.
The event was jointly sponsored by the California Association of REALTORS®’ nonprofit Center for California Real Estate (CCRE) and the Bay Area Council.
The San Francisco Bay Area’s $908,000 median sale price is nearly double the statewide median of $550,000, which is already more than twice the national average.
The event’s two panels focused on different issues related to the housing crisis. The first panel, moderated by Geoff McIntosh, President of C.A.R., offered an exchange of ideas toward tackling regulatory impediments and obstacles to creating new housing. Participants included Carol Galante, UC Berkeley; Laura Foote Clark, YIMBY Action; Katie Ferrick, LinkedIn, and Jonathan Scharfman, Universal Paragon Corp.
A second panel, chaired by Matt Regan, Sr. V.P. of Government Relations for the Bay Area Council, addressed policy-related dynamics that have shaped recent years of stagnant homebuilding and changes needed to unlock housing supply to accommodate future generations.
The event was the most recent in a continuing series of forums sponsored by CCRE designed to offer solutions toward solving California’s housing and affordability crisis.
Watch videos from the event.