Southern California Real Estate Report
San Diego Housing Supply
Today on the Southern California Real Estate Report we look at an article from the Union Tribune examining the housing supply in San Diego, more specifically creating more middle income housing.
There are some incentives being added to increase building in the mid-income market such as density bonuses for developers and more streamlined approval processes
Good News, low-income housing shows growth
The areas of growth are Downtown, Kearny Mesa and Mission Valley
Middle Income households are those making up to 120% of the areas median income. The Median income in San Diego is $92,700.00
Listen in for more. The article referenced is titled "San Diego housing supply showing progress" published August 6th, 2020