Historically Low Household Formation Stymies San Diego's Residential Building Recovery

or when will the kids FINALLY move out?

Kelly Cunningham, NATIONAL UNIVERSITY SYSTEM INSTITUTE FOR POLICY RESEARCH

Thursday, June 12, 2014

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Over the past two decades, household size in San Diego averaged 2.7 persons. This means an increase in population of 1,000 required about 370 housing units to accommodate the additional residents. Figure 1 shows how, with few notable exceptions, the number of new households and the number of new housing units in San Diego marched in lock step since 1991.