Tuesday, August 22, 2006

New York Ranked 49th in Housing Growth

[NYSun] 8/22/06 The Arizona county that contains Phoenix added more housing units than all of New York State last year, according to numbers released by the U.S. Census Bureau yesterday.

New York added 33,666 housing units, an increase of 0.4% of its total housing stock, from July 2004 to July 2005. That makes it second-worst among the 50 states in percentage housing growth, trailing only Rhode Island.

A senior policy analyst at the Regional Plan Association, Alexis Perrotta, said she would not characterize New York's housing growth as slow.
She said most of the housing growth in states like Florida and Arizona was likely to be single family housing that she said is "barely possible" in most downstate New York areas, which are mostly built out.

"That is plain old suburban growth which is not possible in our region. We already did that. We did that 60 years ago," Ms. Perrotta said.

In total number of units built, New York ranked 20th. Florida added nearly 247,000 units of housing, followed by California and Texas. States like Minnesota, South Carolina, Georgia, and Wisconsin also beat out New York.

Still, the number of new housing units reported in New York City is an increase of about 31% over the previous year measured by the census, 2003 to 2004.
A spokesman for the city's Department of Housing Preservation and Development, Neill Coleman, said the city is sticking by its estimates, which are based on the number of building permits filed each year. He noted that last year more building permits were filed than in any year on record since 1972, and so far in 2006 building permits are being filed at a similar pace.

An editor of the City Journal, Nicole Gelinas, said that New York State's tax policy is affecting migration, and is keeping population growth down and stunting housing starts.

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