We’ve got good news and bad news on the homebuilding front.
Let’s start with the good news: From 2018 to 2024, San Diego County issued nearly 100,000 permits for new homes. That’s a lot of homes.
The bad news is that those homes often aren’t being built in the areas where they’re most desperately needed, according to an analysis of housing permit data by Voice of San Diego and KPBS.
Take UTC and Sorrento Valley, home to the UC San Diego, a slew of tech companies and multiple hospitals. Those neighborhoods are the largest job centers in the whole county. Sorrento Valley alone, for example, hosts 169,000 jobs.
But here’s the rub: There are only about 20,000 homes in Sorrento Valley. And despite the heap of new homes being built countywide, very few are being built in Sorrento Valley, whe