Vacancy rates are units that are un-rented or unsold. The problem is parking money (using real estate as a bank account and not actually living in the community

Vacancy rates are units that are un-rented or unsold. The problem is parking money (using real estate as a bank account and not actually living in the community) - popular in Vancouver and NYC. The condos are literally 50% dark all the time but not 'vacant' as in part of the avaiable housing supply. Drives up prices.