5/15 Blog Topic: Marin Grew More Than North Bay Neighbors in 2017
May 15, 2018
A recent Marin IJ story reported that Marin grew more in 2017 (population) than its county neighbors of Sonoma and Napa, attributing much of that growth to last October’s wine country wildfires. The population estimates were provided by the state Department of Finance and showed that Marin County had a net people gain of 624, or 0.2%, compared with net population losses of 0.3% in both Napa and Sonoma counties. Throughout the state, more than 13,200 housing units were lost last year, mostly to fires in northern and southern California, the IJ reported.
At the Housing Shortage and Inequality event that MEF hosted May 4 at the Embassy Suites in San Rafael, our Chief Economist Dr. Rob Eyler presented a slide showing new housing units in Marin from 2011 through 2016, with the 600+ total averaging 112 new housing units per year. Dr. Eyler also showed a slide stating that the average Marin household has 2.3 people in it. With 624 new county residents, just to keep pace with them, much less the pent up demand factor, we would have needed to add 271 new housing units in 2017. It’s more evidence of how we keep sliding backward in terms of matching demand with supply. Here’s the IJ story: Marin IJ Article
-Robin
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