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San Francisco has only agreed to build 16 homes so far this year

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San Francisco has only agreed to build 16 homes so far this year


City authorities permitted the construction of only 16 housing units in San Francisco, one of the most expensive markets in the country, in 2024 as of June—a far cry from what demand would require and what Mayor London Breed has promised.

Read more: How to Buy a House When You Have Bad Credit

Preliminary 2024 data from the States of the Cities Data Systems (SOCDS) Building Permits Database shows that the total housing unit building permits for San Francisco between January and now was 16, split between seven single-family homes, six 2-unit and multi-family homes and three 3- and 4-unit multi-family homes. Among all types of units, six permits were given in January, one in February, seven in March and two in April.

Joseph Politano, an independent writer at Apricitas Economics who first shared the data on X, commented on the data saying that “it’d be hilarious if it weren’t such a nightmare.” Newsweek contacted Politano for comment by direct message on X on Tuesday morning.

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The data will be subject to revision throughout the rest of the year and might change, but as they are now, they present quite a bleak picture for San Francisco.

Read more: Compare the Lowest Rates From Top Mortgage Lenders

Home prices have been spiraling upward in San Francisco since the Great Recession of 2008-2009 followed the bursting of the U.S. housing bubble, making buying a home in the City by the Bay unaffordable for many. While home prices in the city dropped during the U.S. housing market correction of late summer 2022 and spring 2023, a chronic shortage of homes has kept them from totally plummeting.

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A bicyclist rides along the many bike paths and trails at Golden Gate National Park on April 2, 2014, in San Francisco, California. The city has approved only 16 housing unit building permits so far…


George Rose/Getty Images

As of April, according to the latest Redfin data, the median sale price of a home in San Francisco was $1,400,000, up 3.7 percent compared to a year earlier. It was considerably higher than the national median sale price, which in April was $432,903, up 6.1 percent year-over-year, according to Redfin.

Read more: How Much House Can You Afford?

Last June, Breed introduced legislation boosting the building of new homes in the city by cutting fees and removing laborious requirements for conditional use permits and mandatory public hearings, among other moves. The legislation was designed to help the city meet the state-mandated goal of building 82,000 homes by 2031 to meet the serious need for housing in the city.

But in 2023, the city issued permits for the building of only 1,823 new units, according to the data from San Francisco Planning Department mentioned by the San Francisco Standard. That was about 1,000 short of the units authorized the year before, for a total of 2,701 in 2022.

The number of total new units completed in 2023 was slightly higher, at 1,983, down from 2,893 a year earlier.

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In an update in April, Breed didn’t provide concrete details about how many housing units have been authorized in the city, but said that she was “proud to say that over the last year, we’ve started to move San Francisco in the right direction on housing.”

The mayor admitted that “we are not where we need to be, and there is much more work to be done,” adding that her administration continues “to encounter obstruction and delay as we push these solutions forward, but we have made progress. We will continue to make progress.”

Newsweek contacted Breed’s office and the San Francisco Planning Department for comment by email on Tuesday morning.

But the slow pace at which the city has approved new housing units permits this year doesn’t mean that it won’t pick up later in the year. In an article published in April, the SF Standard highlighted how in 2023, the city had approved only 12 units in the first two months of the year—but the number spiked later in the year.

Time will tell whether something similar will happen again this year.

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Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.





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San Francisco, CA

San Francisco Dons square off against the Nevada Wolf Pack

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San Francisco Dons square off against the Nevada Wolf Pack


Nevada Wolf Pack (4-3) vs. San Francisco Dons (5-2)

Palm Desert, California; Friday, 2 p.m. EST

BETMGM SPORTSBOOK LINE: Dons -5.5; over/under is 148.5

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BOTTOM LINE: San Francisco plays Nevada in Palm Desert, California.

The Dons are 5-2 in non-conference play. San Francisco is eighth in the WCC scoring 79.0 points while shooting 47.7% from the field.

The Wolf Pack are 4-3 in non-conference play. Nevada ranks second in the MWC with 10.6 offensive rebounds per game led by Elijah Price averaging 3.3.

San Francisco scores 79.0 points per game, 3.6 more points than the 75.4 Nevada allows. Nevada scores 9.6 more points per game (76.9) than San Francisco gives up to opponents (67.3).

TOP PERFORMERS: Ryan Beasley is scoring 15.5 points per game with 3.0 rebounds and 2.8 assists for the Dons. Mookie Cook is averaging 12.0 points and 5.7 rebounds while shooting 60.4%.

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Tayshawn Comer is scoring 15.9 points per game and averaging 3.0 rebounds for the Wolf Pack. Corey Camper Jr. is averaging 15.1 points.

___

The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.



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How To Spend The Perfect Weekend In San Francisco

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How To Spend The Perfect Weekend In San Francisco




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Life in prison for man convicted of killing elderly San Francisco woman, anti-Asian attacks

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Life in prison for man convicted of killing elderly San Francisco woman, anti-Asian attacks



A San Francisco man who was convicted of murdering of an 88-year-old woman during a crime spree that primarily targeted Asian Americans will spend the rest of his life in prison, prosecutors said.

District Attorney Brooke Jenkins’ office announced that a judge will sentence 25-year-old Keonte Gathron to a term of two life sentences, including one without the possibility of parole. Gathron was also sentenced to 31 years to be served consecutively in state prison.

“Mr. Gathron is now being held accountable for his heinous crimes that targeted vulnerable victims and will spend the rest of his life in prison without the possibility of parole,” Jenkins said in a statement Tuesday.

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Keonte Gathron

San Francisco Police Department


A jury convicted Gathron on Nov. 4 of murder, eight counts of robbery, kidnapping for robbery, two counts of carjacking, two counts of burglary, elder abuse and child endangerment in connection with a crime spree that took place in early 2019. The jury also found that Gathron personally used a firearm in three of the incidents.

Prosecutors said Gathron robbed seven people over the span of 13 days, with six of the victims being Asian. Three victims were elderly, while three were youths on the way to or from school.

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One of the victims, 88-year-old Yik Oi Huang, was brutally attacked by Gathron at a park in the city’s Visitacion Valley neighborhood during the crime spree. Huang died from her injuries a year later.

“While nothing can bring Grandma Huang back to her family, today’s sentence hopefully leaves the victims and their families with a sense that justice was done for all that they have endured,” Jenkins added.

Assistant District Attorney Nathan Quigley said, “I hope the sentence to be imposed at least gives each of the people victimized by this man, as well as the family of Ms. Huang, a sense of closure and some measure of justice for the harm he has caused.”

Prosecutors said Gathron’s sentence is expected to be finalized and formally imposed on Dec. 3.

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