Solving the housing crisis in San Francisco with factory-built housing technology and regulatory reform
Name
913888494-MIT.pdf
Description
Full printable version
Size
24.55 MB
Format
Adobe PDF
Checksum (MD5)
94f18599ab042ff189161a8e5e67cd17
Author(s)
Mejias, Luis (Luis Eric)
Advisor(s)
Peter Roth.
Date Issued
2015
Publisher
Massachusetts Institute of Technology
Abstract
The San Francisco Bay Area is in the midst of a housing crisis as population and economic growth outstrip the ability of developers to build enough housing, resulting in a significant supply-demand imbalance that is expected to last well into the foreseeable future. San Francisco, in particular, faces the most severe housing crunch as demographic trends favor increasing demand in already dense, transit-rich cities. Developers are unable to supply the necessary housing due to significant barriers to development including a lengthy and convoluted planning and entitlement process, zoning restrictions on density and height, neighborhood opposition, and a high cost of land. Supply needs to outpace demand if housing is to become affordable, and this requires regulatory reform and cost reduction. Based on case studies, interviews and development analysis, this thesis will demonstrate how developers and municipal leaders can address the crisis by embracing factory-built housing while reforming regulations.
Description
Thesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estate, 2015.
Cataloged from student-submitted PDF version of thesis.
Includes bibliographical references (pages 145-150).
Subjects
Center for Real Estate. Program in Real Estate Development.
MIT Department
Massachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development.
Massachusetts Institute of Technology. Center for Real Estate
Terms of Use
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