Recent Development Misses Berkeley's Real Housing Needs (News Analysis)
For years we've been hearing that Berkeley needs all the new housing that can be built, at whatever price point the developers choose. But a quick review of the data confirmed my suspicion that developers have built way too much expensive housing and much too little housing for those whose income is moderate and below. It's even worse than I had previously thought.
First let's look at the last 8 years. 84% of the new housing in Berkeley was for households with greater than $92,566 yearly income (the orange top of the bars).
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