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The premise is interesting, but some of the calculations aren't convincing. The first map of cities that "did produce 5,000 extra housing units beyond household
by ynniv 9y ago
The premise is interesting, but some of the calculations aren't convincing. The first map of cities that "did produce 5,000 extra housing units beyond household formation" is particularly strange. Which city is more prepared for such an expansion, one that built zero units and lost 5,000 residents, or one that built 100,000 units and gained 100,000 residents? Without greater clarity into the data, many of these maps fall into "lies, damn lies, and statistics".
- Finnucane 9y agoYeah, that struck me as odd too. Under normal circumstances, you wouldn't expect private developers to build that much excess inventory on spec with no expectation of being able to sell quickly.
- ynniv 9y agoIn the 6 years from 2010 to 2016, metro Atlanta has added 94,000 "housing units". No one would even notice an extra 5%. Over the same period we also added 259,000 jobs, and 4% more isn't going to fundamentally change anything. https://www.huduser.gov/portal/publications/pdf/AtlantaGA-comp-16.pdf https://www.huduser.gov/portal/publications/pdf/AtlantaGA-co...