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Southern California Association of Governments Where Will Our Children Live? Darin Chidsey Member Relations Officer Growth, Change and Rising Prices.

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Presentation on theme: "Southern California Association of Governments Where Will Our Children Live? Darin Chidsey Member Relations Officer Growth, Change and Rising Prices."— Presentation transcript:

1 Southern California Association of Governments Where Will Our Children Live? Darin Chidsey Member Relations Officer Growth, Change and Rising Prices

2 Resolving Regional Challenges 6 Counties 187 Cities 38,000 square miles 18 million people 10th largest economy in the world The Region

3 Southern California Association of Governments SCAG Deals With Regional Issues Transportation Housing Air Quality Waste Management Growth Forecasting and More... Goods Movement

4 Southern California Association of Governments Region’s Challenges Population is expected to grow by more than over the next two decades 38% more than today 6,300,000

5 Southern California Association of Governments 2003 Population Increase Top 10 California Counties 1 2 Los Angeles 136,800 Riverside 57,700 5 4 3 San Diego 41,100 Orange 41,900 San Bernardino 44,400 6 9 7 10 8 Sacramento 23,700 San Joaquin 14,100 Fresno 17,000 Santa Clara 11,900 Kern 16,500

6 1.5 million people added between 2000 and 2004 Population Growth Swamps Entitlement Process and Transportation System

7 Southern California Association of Governments Sources of Growth 2002-2003 Natural Increase Domestic In-migration 11% Foreign Immigration 41% 48%

8 Home Prices 600,000 2004 Median Price

9 Southern California Association of Governments Home Prices Rise Sharply Across the State and Region $257,000 $191,000 $342,000 $362,000 $474,000 $472,000 $638,000 $664,000 $118,540 $150,000 $166,000 $198,500 $267,000 $295,000 $337,000 $370,000 $0$100,000$200,000$300,000$400,000$500,000$600,000$700,000 High Desert U.S. Riverside/San Bernardino Palm Spring/Lwr Desert Los Angeles CA Ventura Orange Feb-02 Feb-05 Source: National and California Assn. of Realtors, February, 2002 and 2005

10 12% 11% 19% 17% 14% 16% 24% 54% 38% 27% 30% 31% 33% 36% 42% 55% 57% 68% 0%10%20%30%40%50%60%70% Palm Spring/Lwr Desert Orange CA Los Angeles Ventura Riverside San Bernardino U.S. High Desert Home Affordability Slips Sharply, Especially in Comparison to the U.S. Source: California Assn. of Realtors, February, 2002 and 2005 Percent of Households Able to Afford the Median Priced Home Feb-02 Feb-05

11 Southern California Association of Governments 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 1975198019851990199520002005*2010*2015*2020*2025*2030* Total Building Permits IssuedSingle Family Building PermitsMulti-Family Building Permits Single Family and Multi-Family Housing Trends in Southern California Permits IssuedTrend Projection Sources: Construction Industry Research Board & SCAG RTP Trend Projection

12 Southern California Association of Governments Over the Last Two Decades Population Growth Has Significantly Exceeded Housing Production in LA County LA County Population and Housing Growth 1970 - 2000 656,174 1,385,661 445,428 107,566 307,765 316,668 02000004000006000008000001000000120000014000001600000 90-00 80-90 70-80 PopulationHousing

13 STRATEGIES  Land Use Policy  Housing Policy  Economic Development

14 Southern California Association of Governments Growth Visioning The most ambitious “Growth Visioning” effort ever undertaken A collaborative process to develop a strategy to maintain our quality of life while making room for...

15 Southern California Association of Governments Compass Project Vision To Plan Without Boundaries

16 Southern California Association of Governments Changes will affect only 2% of regional land mass

17 Southern California Association of Governments Key Features Targets growth to existing and planned transportation system Promotes mixed- use development to reduce number and length of daily trips Preserves stable neighborhoods

18 Southern California Association of Governments Key Features Provides better access to jobs and improved jobs/housing balance Jobs Housing Conserves open space Supports public/private partnerships and user-fee infrastructure financing

19 Southern California Association of Governments Concentration of new development along existing and planned transportation corridors and in regional centers

20 Southern California Association of Governments Key Benefits Allows transit systems to become more productive (22% increase in daily boardings) Improves capacity and efficiency of goods movement, supporting growth of the Logistics Industry Reduces Vehicle Miles Traveled (-7 million VMTs/day) travel delay (-180,000 hours/day) & emissions (-17 tons VOC/day) The region can achieve air quality conformity.

21 Southern California Association of Governments Offers improved housing availability and affordability Key Benefits Renovates urban cores, creating wealth through increased property values Creates over 300,000 high paying jobs

22 Thank You please visit us at www.scag.ca.gov


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