San Francisco's jobs-to-housing ratio is disturbing. Here's how wide the gap is getting
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But a new analysis of 20 metropolitan areas in the U.S. reveals just how much wider that gap is getting here compared with other major employment hubs, adding fuel to political and legal clashes over the region’s notorious unaffordability and strict building rules.
For every new home permitted in the San Francisco and San Jose metro areas from 2009-2019, there were more than three jobs created, according to a report released Wednesday by libertarian-leaning think tank the Manhattan Institute. In San Francisco, home to the worst “jobs-housing mismatch” of the cities studied, there were nearly 3.5 new jobs for every new home. In San Jose, it was 3.2 jobs.