The New California Dream: How Demographic and Economic Changes May Shape the Housing Market

Author:  Arthur C. Nelson

Published:  2011

The New California Dream: How Demographic and Economic Changes May Shape the Housing Market, authored by ULI member and urban planner Arthur C. Nelson, director of the Metropolitan Research Center at the University of Utah, analyzes housing demand in the state through 2035. According to the report, Californians’ housing preferences are changing rapidly—highlighting the need to revisit the long-term mix of available housing choices. Without modifications in planning assumptions, investments in public transit and reform of land use regulations, there is the potential that a dramatic mismatch will emerge between housing supply and demand over the next two decades.