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> I live in an apartment. Chances are good that you do, too: Tens of millions of Americans live in apartment buildings, and in medium-to-large cities these stru
by zeveb 10y ago
> I live in an apartment. Chances are good that you do, too: Tens of millions of Americans live in apartment buildings, and in medium-to-large cities these structures account for between a quarter and a half of all housing units.
No, if less than half of Americans live in apartments then chances aren't good that that a random reader does.
> More people are renting these days than ever before.
Not true, according to http://www.bls.gov/opub/mlr/2016/article/the-life-of-american-workers-in-1915.htm http://www.bls.gov/opub/mlr/2016/article/the-life-of-america... (which was posted just today): 'If you were alive in 1915, chances are you rented your house or apartment; the ratio of renters to homeowners was about 4 to 1 in 1920. In contrast, by 2004, 69 percent of American families owned rather than rented their residence, although that proportion slipped to 64 percent by the fourth quarter of 2015.'
So far fewer Americans are renting than ever before.
I don't disagree that it's poor behaviour for landlords to grant monopolies to ISPs. But folks do have a choice in where they live, and it seems to me that monopoly-free units are likely to rent for more.
- Retra 10y ago"Good chances" doesn't mean 50/50. It doesn't really mean anything. It vaguely means that the author is welling to bet on it, and smart people have bet on far less than that. >So far fewer Americans are renting than ever before. In 1915, there were ~100M people in the US. At 20% homeowners, that gives 80M renters. 36% of the current 300M+ population gives > 80M renters. Therefore, there are more renters today than there were in 1915.