Sea Change in Housing Preferences? Not in California

http://www.newgeography.com/content/003224-a-housing-preference-sea-change-not-california

Many in the urban planning community have been proclaiming a "sea-change" in household preferences away from suburban housing in the United States. Perhaps no one is more identified with the "sea-change" thesis than Arthur C. Nelson, Presidential Professor, City & Metropolitan Planning, University of Utah. Professor Nelson has provided detailed modeled market estimates for California in a paper published by the Urban Land Institute.

We review the latest available data on actual choices made by households, which shows demand, which paints a substantially different picture. Demand for detached housing on conventional lots (identified with suburban) has been increasing, while demand for multi-family housing (identified with urban cores) has been decreasing.

More at the link above…

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