California is short by two to three million homes to safely house its population. As a result of this limited supply, Californians are paying record prices for housing and far too many are finding themselves priced out of the market. The implications of California’s housing crisis are devastating. The state’s poverty rate—when taking into account cost of living—is the highest in the nation. Californians looking for housing they can afford are pushed farther away from their jobs, while others are thrust into crowded living conditions.
In this report, the Little Hoover Commission offers seven targeted recommendations state leaders can take action on immediately to help address California’s housing affordability crisis.