The thing is that we always have vacant homes. Homes that are under renovation or waiting for the next tenant to move into or are in the wrong location. Vacancy rates are currently at one of the lowest points in history. We’re doing a better job cramming people into available housing than ever before and it’s not enough.
Missing some key education a moderate amount. The numbers this cites specifically point to livable homes. So renovations and transitions are explicitly excluded from that count.
Further, vacancy rates are primarily increased by rent-seeking behaviors (capital) like dual home ownership, AirBnB, holding homes empty as an investment, etc. This is what the post is speaking to. People owning multiple homes. As such…
We’re doing a better job cramming people into available housing than ever before and it’s not enough.
False. If we were doing a better job, the number of homes per rich individual would not be growing.
The thing is that we always have vacant homes. Homes that are under renovation or waiting for the next tenant to move into or are in the wrong location. Vacancy rates are currently at one of the lowest points in history. We’re doing a better job cramming people into available housing than ever before and it’s not enough.
Missing some key education a moderate amount. The numbers this cites specifically point to livable homes. So renovations and transitions are explicitly excluded from that count.
Further, vacancy rates are primarily increased by rent-seeking behaviors (capital) like dual home ownership, AirBnB, holding homes empty as an investment, etc. This is what the post is speaking to. People owning multiple homes. As such…
False. If we were doing a better job, the number of homes per rich individual would not be growing.