To my understanding, vacant housing refers to housing in which someone is not currently living, including housing that is under repair/renovation, needs repairs, or is abandoned/condemned.
Also, of the housing that is vacant, two thirds are vacant for 6 or fewer months, and ~85% are vacant for 12 or fewer months. The median duration of vacancy is about 2.4 months. Only a small portion of vacant housing is actually vacant in the way people typically think when they hear vacant housing. Freeing up the ~10% of housing that is actually vacant long-term the way people think just would not alleviate the housing crisis. We gotta build more housing, y’all.
To my understanding, vacant housing refers to housing in which someone is not currently living, including housing that is under repair/renovation, needs repairs, or is abandoned/condemned.
https://darrellowens.substack.com/p/census-reveals-vacant-housing-mysteries
Also, of the housing that is vacant, two thirds are vacant for 6 or fewer months, and ~85% are vacant for 12 or fewer months. The median duration of vacancy is about 2.4 months. Only a small portion of vacant housing is actually vacant in the way people typically think when they hear vacant housing. Freeing up the ~10% of housing that is actually vacant long-term the way people think just would not alleviate the housing crisis. We gotta build more housing, y’all.
https://www.tiktok.com/@divasunglasses/video/7189814160165702955
appreciate!