Urban Planners Call for 120,000 New Housing Units in San Jose – NMP Skip to main content

Urban Planners Call for 120,000 New Housing Units in San Jose

Aug 25, 2017
San Jose

A new report is calling for the creation of 120,000 new housing units in San Jose, to be built over the next three decades, as a solution to alleviate that market’s affordable housing problems.

According to a San Jose Mercury-News report, the urban planning group San Francisco Bay Area Planning and Urban Research Association, which uses the acronym SPUR, called on municipal leaders to alter zoning rules in order to encourage the construction of new housing. SPUR advocated smaller housing developments rather than large complexes, mixed-used properties that incorporated retail and public spaces into the projects, and more funding for the construction of housing.
 
“The Silicon Valley economic miracle has become a housing nightmare,” SPUR said in its report. “We aren’t building enough housing for all the people who want to live here.”
 
The report focused primarily on the San Jose market, although it said that its proposals should also apply to the other metros in the South Bay region.
 
“While most of Silicon Valley has a jobs-housing imbalance, with many more jobs than housing units, San Jose has the opposite problem,” the report added. “San Jose is the only large city in the country to actually lose population during the daytime, because more of its residents work outside the city itself.”
 
About the author
Published
Aug 25, 2017
Strong Jobs Report Threatens Mortgage Rate Rally

October hiring more than doubled expectations, pushing Treasury yields higher

Nov 06, 2026
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Oct 09, 2026