Over the last 20 years or so, Jersey City has definitely increased its housing production, probably in a way not seen elsewhere in the New York City metro area. Newark definitely gets a runner-up place, but Jersey City reigns supreme"“he just wants to bring the YIMBY policies of his Jersey City home to NYC”“I think what Jersey City is doing is genuinely worth celebrating and helps show how a better world is possible”“Jersey City: an excellent case study in how straight out YIMBY can dramatically lower rents, often quite quickly”At least a couple of Twitter responses noted that Jersey City produced more new housing units per capita than New York City, making housing more affordable. That really intrigued me, so I wanted to look at some numbers to see what impact this was having on Jersey City. As a European-established settlement Jersey City is nearly as old as New York City itself, and for most of its history it’s been just as urban a community. That growth accelerated in the 2010s as Jersey City grew to 292,000 people in 2020, an 18.1% gain.

Source: Forbes February 08, 2022 01:43 UTC